Summary Justice
January 19 (LBO) – Saudi Arabia has beheaded four Sri Lankans by the sword including a man serving a jail sentence, reports from the desert kingdom said, …
Legal
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Credit Clamp
January 31 (LBO) – The Securities and Exchange Commission has clamped down on brokers who finance customers by giving them extra time to settle, because …
Behaviour Code
January 05, 2007 (LBO) – Sri Lanka’s securities regulator will include a revised corporate governance code into the Colombo bourse’ listing …
Unsavory Label
Nov 23, 2006 (LBO) – Foreign investors in Singapore who attended a road show by the Colombo Stock Exchange have raised questions about Sri Lanka’s …
Big Fish
November 22, 2006 (LBO) – Sri Lanka’s securities watchdog has filed action against nine people for misleading market players with transactions …
Sore Eyes
BERLIN, Nov 6, 2006 (AFP) – Haiti, Myanmar and Iraq are perceived as the most corrupt countries in the world while Finland is seen as the cleanest, a …
Quiet Settlement
Nov 03 (LBO) – Sri Lanka’s securities watchdog settled a case against Mr. Sajee Lakshman Perera, relating to share trading of Ceylon Grain …
Le Divorce
Oct 16, 2006 (AFP) – Sri Lanka’s Supreme Court Monday ordered the breakup of the restive Northeastern Province, a massive administrative region …
Interim Injunction
September 8, 2006 (LBO) – A bill to counter computer crimes is stuck in parliament for over a year, illustrating the daunting task facing those who try …
Public Smoke
July 18, 2006 (LBO) – Sri Lanka’s monopoly cigarette maker has asked for six months to enforce a public smoking and advertising ban, following …
Bowling Wide
July 13, 2006 (LBO) – The controversial marketing firm GoldQuest has gone to the Court of Appeal in Sri Lanka asking for an opportunity to explain its …
Illegal Stay
LONDON, July 12, 2006 (AFP) – The British government announced Wednesday it had ruled out the possibility of an anmesty for immigrants who are in the …
Enabling Code
July 7, 2006 (LBO) – Sri Lanka’s main employers’ body has introduced a code of conduct as part of its efforts at encouraging firms to hire …
Keeping Tabs
June 22, 2006 (AFP) – Sri Lanka Thursday announced plans to re-launch a state institution to investigate complaints against newspapers despite the …
Sweet Revenge
June 22, 2006 (LBO) – Sri Lanka announced plans to set up a special company to take over bad debts of state banks and revive the failed Pramuka Bank …
Bald Spot
June 19, 2006 (LBO) – A new securities law giving legal muscle to companies who raise debt by securitising the assets are likely to come through this …
Illegal Smoke
June 01 (LBO) – Ceylon Tobacco Company together with several hotel associations filed petitions in the Supreme Court on Thursday against proposed laws to …
Clean Closet
May 20, 2006 (LBO) – Sri Lanka’s securities watchdog is in the final stages of drawing up rules to make corporate governance mandatory among listed …
Foiled Plan
May 18 (LBO) – Attempts to widen the takeovers and mergers code to include indirect company takeovers is unlikely to work, Sri Lanka’s securities …
Arrest Quest
Apr. 27 (LBO) – Seven persons who were caught promoting the GoldQuest network marketing scheme have been arrested in southern Sri Lanka, police said. …