SEC Eases Minimum Public Holding Rules for Listings via Introductions to Boost Market Flexibility

The Securities and Exchange Commission of Sri Lanka (SEC) has approved amendments to the Colombo Stock Exchange (CSE) Listing Rules to provide greater flexibility regarding the Minimum Public Holding (MPH) requirement for companies listing through the Introduction method. These revisions were proposed and deliberated under Project 6 – New Listings (Public and Private), one of […]

FIU Collects Rs. 9.5 Mn in Administrative Penalties from Reporting Institutions

The Financial Intelligence Unit (FIU) of Sri Lanka has collected Rs. 9.5 million in administrative penalties from reporting institutions between July and September 2025. These penalties were imposed under the Financial Transactions Reporting Act (FTRA), No. 6 of 2006, following non-compliance with AML/CFT regulations. In accordance with the law, penalty amounts were scaled based on […]

Telecom operators and partners accelerate restoration of connectivity after cyclone Ditwah

Sri Lanka’s national telecommunication operators, in close coordination with government authorities, are intensifying round-the-clock recovery efforts to reconnect communities battered by severe flooding and landslidestriggered by Cyclone Ditwah since 27 November. The disaster has claimed 334 lives, left nearly 400 people missing or unaccounted for, and affected more than 1.3 million individuals nationwide, with rising […]