Regulatory Alerts2024-01-01
SEC Directive 15 05 2024
The Securities and Exchange Commission of Sri Lanka directs the Colombo Stock Exchange to enforce disciplinary actions against listed entities and directors for specific non-compliances. This directive addresses violations of Listing Rules 7.8 regarding director and CEO dealings disclosures and Rule 9.17 concerning corporate governance failures. These enforcement measures were authorized following the Commission's 500th Meeting on May 7, 2024, and the rules are effective immediately.
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