New legislation redefines regulatory oversight of Sri Lanka's capital marketsOBGplus
Sri Lanka’s stock market has grown by leaps and bounds since the end of the civil war in 2009. But while major upgrades to trading infrastructure are well under way, legislation governing the sector – particularly regarding the regulatory body, the Securities and Exchange Commission of Sri Lanka (SEC) – has at times failed to keep pace. However, in 2016 major changes are expected to laws dictating…