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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
Most Sri Lanka listed firms found complying with rules  EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Most Sri Lanka listed firms found complying with rules  EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Most Sri Lanka listed firms found complying with rules  EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Most Sri Lanka listed firms found complying with rules  EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
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» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
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» SEYB.N0000 (Seylan Bank PLC)
Most Sri Lanka listed firms found complying with rules  EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
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» The Korean Way !
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» In the Meantime Within Our Shores!
Most Sri Lanka listed firms found complying with rules  EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Most Sri Lanka listed firms found complying with rules  EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Most Sri Lanka listed firms found complying with rules  EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
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» Equinox ( වසන්ත විෂුවය ) !
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» COMB.N0000 (Commercial Bank of Ceylon PLC)
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» REXP.N0000 (Richard Pieris Exports PLC)
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» RICH.N0000 (Richard Pieris and Company PLC)
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» GLAS.N0000 (Piramal Glass Ceylon PLC)
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» Cboe Volatility Index
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» AHPL.N0000
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» Bakery Products ?
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» Going South
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» When Seagulls Follow the Trawler
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» Re-activating
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» අපි තමයි හොඳටම කරේ !
Most Sri Lanka listed firms found complying with rules  EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Most Sri Lanka listed firms found complying with rules  EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
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» APLA.N0000 (ACL Plastics PLC)
Most Sri Lanka listed firms found complying with rules  EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Most Sri Lanka listed firms found complying with rules  EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Most Sri Lanka listed firms found complying with rules  EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Most Sri Lanka listed firms found complying with rules  EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
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» WATA - Watawala
Most Sri Lanka listed firms found complying with rules  EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Most Sri Lanka listed firms found complying with rules  EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
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» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Most Sri Lanka listed firms found complying with rules  EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Most Sri Lanka listed firms found complying with rules  EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Most Sri Lanka listed firms found complying with rules  EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
Most Sri Lanka listed firms found complying with rules  EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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    Most Sri Lanka listed firms found complying with rules

    sashimaal
    sashimaal
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    Posts : 5785
    Join date : 2014-02-28

    Most Sri Lanka listed firms found complying with rules  Empty Most Sri Lanka listed firms found complying with rules

    Post by sashimaal Tue Jul 08, 2014 6:46 pm

    July 08, 2014 (LBO) - Most of Sri Lanka's listed firms were found to be complying with rules and accounting standards and many were responsive to concerns raised, a Securities and Exchange Commission official said.

    Harshana Suriyapperuma, Director Corporate affairs at SEC said 80 percent of 231 out of 289 companies surveyed by the regulator in 2013 were found to be compliant with listing rules, disclosure requirements.

    He was speaking at a forum on the role of independent directors.
    Only 01 percent of the surveyed firms had qualified audit opinions.

    Suriyapperuma said companies had to improve compliance on an accounting standard on related party transactions.

    Rules on related party transactions are due to be made mandatory shortly.

    SEC had written letters to 35 companies highlighting concerns and had a positive response.

    Discussions had been ha with the board of directors of 8 listed firms.

    Investigations were started on 08 listed companies and legal action was being contemplated in the case of three listed entities, Suriyapperuma said.

      Current date/time is Wed Jun 19, 2024 10:23 pm