SEC educates Criminal Investigation Department

27 December 2013 01:51 am

The Securities and Exchange Commission of Sri Lanka (SEC) as the regulator of the capital market of Sri Lanka is committed towards promoting, developing and maintaining a capital market that is fair, efficient, orderly and transparent.

Increasing financial literacy to attain the above mentioned is of utmost importance and is among the top priorities of the SEC. Accordingly, the SEC conducts seminars and workshops locally as well as internationally.

In keeping with the aforesaid commitment a seminar was conducted by the SEC for the officials of the Criminal Investigation Department (CID) to enhance their knowledge on the capital market and its developments. It covered operations of the capital market, securities law and market irregularities with emphasis on money laundering.

The seminar was conducted by Dhammika Perera, Officer – in-Charge/ Deputy Director General of the SEC. A seminar of this calibre is considered as vital in an era when the world is collectively looking at combating organized forms of crime which are not only financially strengthened but also propagated through global financial markets.

The SEC will continue to work with law enforcement institutions to increase financial literacy among professionals and to curb various market irregularities with the aim maintaining fair, efficient, orderly and transparent markets.