Regulatory Alerts2017-05-31
Directive on Guidelines for Unit Trust Advertisements and Promotional Material
The Securities and Exchange Commission of Sri Lanka issued a directive requiring Managing Companies of Unit Trusts to comply with specific guidelines when preparing advertisements and promotional materials for the public. Trustees of Unit Trusts are directed to ensure that these guidelines are strictly followed when granting approval for such materials under Rule 18(6) of the Unit Trust Code. This measure aims to enhance transparency, accuracy, and investor protection in unit trust marketing activities effective immediately.
Share