- Last Update 2025-06-28 11:07:00
New SEC Act approved by parliament
Sri Lanka’s new Securities and Exchange Commission (SEC) Act was passed without a vote in Parliament today (Tuesday).
In addition the Tax Amnesty Bill was also passed with a 134/44 vote.
The SEC Act is aimed at plugging loopholes in current legislation to deter irregular and illegal trading in the stock market while also encouraging the growth of the market. (DEC)
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