SEC issues new directions on Whitelist Indices
With the objective of protecting the interest of investors seeking Shariah compliant investments and rationalizing the construction and publication of Shariah …
Markets
SEC acquires world class Market Surveillance system from Nasdaq
The Securities and Exchange Commission of Sri Lanka (SEC) has taken a significant step towards strengthening its market surveillance role by acquiring a world …
SEC Amends Entry Requirements for Capital Market Professionals
CCM program, is the only pathway to obtain the Registered Investment Advisor Qualification Currently there are approx. 500 active Investment advisors in …
Elevating Market Integrity by Ensuring Secure & Transparent Trading Practices at CSE
Nilupa Perera, Senior Vice President of the Broker Supervision and Listed Entity Compliance Divisions at the Colombo Stock Exchange (CSE), provides an in-depth …
CSE Hosts Forum to Raise Awareness on Alternative Investment Avenues
The Colombo Stock Exchange (CSE) hosted a special awareness session titled “Creating Opportunities for Wealth Creation and Diversification” recently at the …
Central Bank of Sri Lanka publishes its inaugural market operations report
The Central Bank of Sri Lanka (the Central Bank) released its inaugural Market Operations Report (MOR) with the aim of enhancing awareness and knowledge among …
Softlogic Stockbrokers’ Investment Platform “StockGPT” Enhanced with Azure OpenAI Service
Organizations across all industries and of all sizes are leveraging Microsoft AI’s versatile and cutting-edge solutions to achieve remarkable outcomes. …
SEC Signs MOU with Maldives Capital Market Regulator, Paving the Way for Maldivian Companies to List on CSE
This will pave the way for Maldivian Companies list on CSE’s Multi-Currency Board Facilitates regulatory information exchange, capacity building …
Cable Solutions Limited Oversubscribed on the Opening Day
The Initial Public Offering (IPO) of Cable Solutions Limited, through an offer for subscription of 14,666,600 ordinary voting shares at a price of Rs. 7.50 per …
Despite Framework, Sri Lanka Seeks ESG Investors for Green Bonds Amid Sovereign Rating Challenges
Despite the establishment of a robust regulatory framework for Sustainable Bonds in October 2023, Sri Lanka has yet to see new issuances in its local capital …
Constituent Changes in S&P Sri Lanka 20 Index
The Colombo Stock Exchange (CSE) announces the following change in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2024 …
Central Bank to function as regulatory authority of money or value transfer service providers
Central Bank of Sri Lanka will function as the regulatory and supervisory authority of Registered Money or Value Transfer Service (MVTS) providers. …
CSE Shortens Settlement Cycle for Equity Trades
The Colombo Stock Exchange (CSE), in consultation with the Securities and Exchange Commission of Sri Lanka (SEC) and industry participants, has announced that …
SEC Sri Lanka Approves Accredited Shariah Scholars for Islamic Capital Market Products Certification
The Securities and Exchange Commission of Sri Lanka (SEC) has approved a list of Accredited Shariah Scholars as “Supplementary Service Providers”. These …
Dilshan Wirasekara on Capital Raising and the Stock Market Outlook for 2024
The Chairman of the Colombo Stock Exchange (CSE) discusses the opportunities for capital raising and Stock Market Outlook for 2024. 1. Give us an overview of …
World Bank upgrades Sri Lanka’s growth forecast to 2.2-pct in 2024
In Sri Lanka, growth is expected to turn positive, to 2.2 percent in 2024, a 0.5 percentage point upgrade from the previous forecast, with modest recoveries in …
SEC appoints two top professionals to drive its HR and Organisation Transformation agenda
The capital market regulator, Securities and Exchange Commission of Sri Lanka (SEC) has appointed two experienced and talented professionals to head its HR …
SEC Calls for a More Active Unit Trust Industry
The Securities and Exchange Commission of Sri Lanka (SEC) as part of its continuous engagement process with stakeholders in the capital market landscape, held …
CCC Outlook 2024: Anticipated rebound depends crucially on effective debt restructuring
The 9th edition of the annual flagship Outlook Report for 2024 by The Ceylon Chamber of Commerce was recently launched at the Economic Outlook 2024 seminar. …
Relaxation of restrictions imposed on standing facilities
The Central Bank of Sri Lanka introduced restrictions on the usage of the Standing Facilities by the Licensed Commercial Banks (LCBs) under the Open Market …