Ways of Monitoring finance companies
View(s):At a recent public interest seminar on ‘Repetitive Debacles of Finance Companies’ held in Colombo, public interest activist Nihal Sri Ameresekere recommend a new format of information to be regularly monitored in respect of each finance company.
The seminar was held in the backdrop of the erosion of public confidence, with the collapse and speculated potential collapse of several finance companies, to develop public confidence, with proper disclosure of information, and to protect public depositors, professional consultant and public interest activist, The proposed format is: