SRI LANKA: CSE Publishes Amendment to Listing Rules

Monday September 11 2023

The Colombo Stock Exchange (CSE) announced that the Corporate Governance Rules applicable to Listed Entities which are enumerated in current Rue 7.10 and Section 9 of the Listing Rules of the CSE have been approved by the Securities and Exchange Commission of Sri Lanka (SEC).

The revised Corporate Governance Requirements including the Rules governing the Related Party Transactions have been consolidated and incorporated as Section 9 of the CSE Listing Rules. Accordingly, the current Rule 7.10 and Section 9 of the CSE Listing Rules will be repealed and replaced by the said Section 9 titled “Corporate Governance” and the Listing Rules amendments with effect from 1^st October 2023.

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