Securities and Exchange Commission of Sri Lanka ( SEC )
http://www.sec.gov.lk
The Securities and Exchange Commission of Sri Lanka (SEC) was established by the Securities Council Act No. 36 of 1987. The Commission was established for the purpose of regulating the securities market in Sri Lanka; to grant licenses to stock exchanges, stock brokers and stock dealers who engage in the business of trading in securities; to set up a Compensation Fund and for matters connected therewith or incidental thereto. This Act was amended by the Securities Council (Amendment) Act No 26 of 1991 and was again amended in 2003 by Act No 18 of 2003, which vested the Commission with the powers to register Market Intermediaries.
Insurance Board of Sri Lanka ( IBSL )
www.ibsl.gov.lk
The IBSL safeguards policy holders through supervisory control of Insurance Companies. Professionals with experience at IBSL advise the government on policy and laws that would make the industry remain viable, able to meet its commitments to policy holders by helping them overcome risks.
The composition and the mandate of the IBSL are easily accessible and viewed by browsing the web page. The underlying message is about managing risks without running any risk.
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