Compensation
Sept 16, 2012 (LBO) – Shareholders of two listed firms that were expropriated by the state last year can lodge claims for compensation from a three …
Legal
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Deputy Chief
Sept 11, 2012 (LBO) – Sri Lanka’s Securities and Exchange Commission has a appointed long time staffer Dhammika Perera as its deputy director …
Not Firms
Sept 06, 2012 (LBO) – Sri Lanka’s Securities and Exchange Commission said there were no investigations into companies themselves that were named in …
Caesar’s Wife
Aug 30, 2012 (LBO) – Several new appointments announced to the Securities and Exchange Commission of Sri Lanka had connections to firms which were …
Watchdog
Aug 28, 2012 (LBO) – Nalaka Godahewa, former chairman of Sri Lanka’s tourism development agency has been appointed as the chairman of the …
Stock Woes
COLOMBO, Aug 26, 2012 (AFP) – Sri Lanka’s stock market, once a darling of investors, has seen its value plummet 26 percent in the past year and now …
Tighter Rules
Aug 24, 2012 (LBO) – Sri Lanka will tighten its anti-money laundering and terrorist financing laws to comply with international requirements, minister …
Speaking Out
Aug 20, 2012 (LBO) – Sri Lanka Securities Exchange Commission chief Tilak Karunarane has resigned as 17 probes were drawing to a close, a few months …
Quit Report
Aug 15, 2012 (LBO) – The head of Sri Lanka’s Securities and Exchange Commission is expected to quit this week amid pressure from investors who were …
Preserved Documents
Aug 11, 2012 (LBO) – Sri Lanka has begun archiving legal documents of its international commitments, the island’s foreign office said. Minister of …
Press Laws
July 12, 2012 (LBO) – Sri Lanka will bring laws to make registration of news websites with with the state compulsory and charge annual renewal fees, …
Tax Co-ordination
July 12, 2012 (LBO) – Sri Lanka and India will sign an agreement to prevent double taxation and tax avoidance, minister Keheliya Rambukwelle said. …
Lessons Learnt
July 04, 2012 (LBO) – Sri Lanka should implement several key measures contained in a report by a commission which studied lessons to be learnt from a …
Media Policing
June 30, 2012 (LBO) – Sri Lankan police Friday shut down main two opposition websites and arrested nine employees, and the house of its editor has also …
Equity Probe
June 29, 2012 (LBO) – Sri Lanka’s main opposition will push for an independent investigation into stock purchases by a state managed fund of …
Public Petition
June 25, 2012 (LBO) – A former financial sector professional has written Sri Lanka’s main political parties to help citizens petition parliament …
Freedom Concerns
June 23, 2012 (LBO) – Friday Forum, a Sri Lankan citizens group has expressed concern over further deterioration of rule of law and religious freedom …
Securities Fraud
May 31, 2012 (LBO) – Sri Lanka’s central bank should strip National Savings Bank’s directors off their posts, and prevent them from serving …
Tighter Rules
May 22, 2012 (LBO) – Sri Lanka’s securities watchdog has tightened short term trading by workers and directors of broking firms and also passed …
Quit Notice
May 22, 2012 (LBO) – Pradeep Kariyawasam, the chairman of Sri Lanka’s state-run National Savings Bank had resigned ahead of more fresh planned …