While the controversy over the insider dealing crisis at the Securities and Exchange Commission rages on, its director general Dr. Dayanath Jayasuriya seems to enjoy a word with Finance Minister K.N. Choksy last Thursday at the ceremonial launch of the Asia-Pacific market regulators meeting. Choksy has not accepted the resignation submitted by Jayasuriya after he was gagged following revelations that the SEC was probing insider dealing allegations against its own chairman Michael Mack. The acting chairman of the SEC, Nihal Jinasena, whose role itself has been criticised over doubts about the validity of his appointment, (inset) was also present. Pic. by J.Weerasekera.

Dian Gomes, CEO of Slimline and a former president of CIMA Sri Lanka, is scheduled to speak at this month's meeting.

    Contents

• BOI to be a self-financing unit
• APL seeks full ownership of agency
• War jitters hit Ceylon tea auction
• SEC crisis swept under the carpet
• SEC needs to regain lost credibility
• SEC may force lawyers to spill clients' beans
• DMS to offer Comex solutions
• Trade deficit widens in November
• SLPA signs exclusive deals with Maersk, APL
• Stockmarket seen reviving on results
• BOI to shed staff with VRS
• Jaffna businesses get connected
• US security could raise export costs
• Migrant Chinese businessmen - a dying breed?
• Mobitel expands to Jaffna
• Caltex Lubricants gets major Asian award
• People must drive development
• Shell’s plans on hold
• More News