The Securities and Exchange Commission of Sri Lanka (SEC)
recently conducted a forum for the Chief Financial Officers (CFOs) of several
private companies with the view of encouraging them to list on the Colombo
Stock Exchange (CSE).
The SEC has had a continuous dialog with all stakeholders of
the capital market and has emphasized on the need to take aggressive measures
to develop the market in order to ensure that it is the preferred place to
raise capital.
Only a few companies have listed on the CSE during the last
several years and that was seen as one of the reasons for inadequate level of