International Association of Insurance Supervisors
The International Association of Insurance Supervisors (IAIS) is an organisation comprising of national insurance regulators and supervisors from over 100 jurisdictions. IAIS was established in June 1994. The IAIS contributes to global financial stability through developing cooperation among members, setting international standards on insurance regulation, assisting members in complying with IAIS standards at national and international levels, coordinating work with other national and international financial institutions
The Institute of Chartered Accountants of Sri Lanka
The Institute of Chartered Accountants of Sri Lanka is the National Professional Accounting body of Sri Lanka. The Council of the Institute who are responsible for strategic direction, administration and management of the Institute govern the Institute activities. The Institute has over 2000 members and over 16000 registered students. The Members of the Institute are regulated by a code of professional conduct and ethics prescribed by the council. The Institute is a member of the International Federation of Accountants (IFAC), The Confederation of Asian and Pacific Accountants (CAPA) and a Founder member of the South Asian Federation of the Accountants (SAFA). The Institute is the sole Accounting and Auditing Standards setting authority in Sri Lanka.
Insurance Ombudsman's Office
This website is supervised by the Ombudsman's office and is updated from time to time to incorporate the developments in the ombudsman scheme. The website contains all the details you should know to get the maximum benefit from this ombudsman scheme which is not only user friendly but is also free.
All policy holders of insurance companies, the staff of insurance companies and their Agents and insurance brokers are strongly advised to look up the website and learn about the scheme. The current website was revised in June 2006. It has deleted a considerable amount of material which was included in the first website launched at the start of the scheme in February 2005. After over one year of operations what is now included is what is necessary and beneficial to users of the web site.
Securities and Exchange Commission of Sri Lanka
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.
Central Bank of Sri Lanka
|Established in 1950 under the Monetary Law Act No.58 of 1949 (MLA), the Central Bank of Sri Lanka (CBSL) is the apex institution in the financial sector in Sri Lanka. It is a semi-autonomous body and following the amendments to the MLA in December 2002, is governed by a five member Monetary Board, comprising the Governor of the Central Bank as Chairman, the Secretary to the Ministry of Finance and Planning and three members appointed by the President of Sri Lanka, on the recommendation of the Minister of Finance, with the concurrence of the Constitutional Council.
Sri Lanka Government Web Portal
Government of Sri Lanka official Web Portal contains Infomation to Sri Lankans, Information for Business and Information for Non Citizens.
The information on products and services offered by public sector organizations and some other information important for Sri Lankan Citizen. You may explore emerging business opportunities and the supporting services for new and ongoing business activities. Also you will find important information related to incentives for businesses and the structure of taxes and tariffs through this section. Sri Lanka has been a well known destination for travelers. The natural beauty of this island, it's culture, heritage, and bio diversity were the main attractions to visitors. We are sure that you are one of them and so that following links might be useful in organizing your visit to Sri Lanka.
The Financial Services Academy (FSA)
The Financial Services Academy (FSA) is the educational and training arm of the Securities and Exchange Commission of Sri Lanka.
The establishment of the FSA is in furtherance of section 12 (part II) (under the objects of the Commission) of the Securities and Exchange Commission of Sri Lanka Act, No. 36 of 1987 which gives the Securities and Exchange Commission the powers to promote the creation and maintenance of a market in which securities can be issued and traded in an orderly and fair manner and the regulation of the securities market and to ensure that professional standards are maintained in such market.