Regulatory Alerts2025-01-01
Repeal of Securities and Exchange Commission of Sri Lanka Rules 2001
The Securities and Exchange Commission of Sri Lanka issued a notification in the Gazette Extraordinary dated June 11, 2025, to formally repeal the Securities and Exchange Commission of Sri Lanka Rules 2001. This legislative action removes the 2001 rules from force, marking a significant regulatory update for the country's securities framework. Despite the repeal, the notification ensures that all actions previously taken under the repealed rules remain valid and effectual to preserve existing rights and obligations.
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