Business
SEC and CFA Society Sri Lanka collaborate to enhance research integrity among stockbroker firms
The Securities and Exchange Commission of Sri Lanka (SEC) and the CFA Society Sri Lanka (CFASSL) recently joined forces to host a workshop aimed at strengthening research integrity within the stockbroker industry. The event, titled “Enhancing Research Integrity,” took place at the SEC Auditorium and saw participation from prominent professionals in the financial sector.
Tushara Jayaratne, Deputy Director General, SEC commenting on this collaborative initiative, stated, “As part of our ongoing commitment to promoting transparency and professionalism in the financial markets, we are delighted to partner with CFA Society Sri Lanka, which represents the gold standard in professional qualifications for investment professionals. Together, we aim to raise the bar in research integrity.”
The primary objective of the session was to provide analysts from various stock broker firms with valuable insights and tools to enhance research integrity in their respective roles. This initiative aligns with the broader mission of both SEC and CFA Society Sri Lanka to foster a culture of accountability and ethical conduct within the financial industry.
Aruna Perera, CFA, President of CFA Society Sri Lanka, emphasized the importance of the event, saying, “Promoting research integrity is vital for maintaining investor trust and market stability. By collaborating with the SEC, we demonstrate our collective commitment to upholding the highest standards of professionalism and ethics in the investment profession.”
Ravi Abeysuriya, Chairman Advocacy Committee of CFA Society Sri Lanka, stated “In today’s complex and dynamic financial landscape, maintaining research integrity is paramount. This collaborative effort between SEC and CFA Society Sri Lanka underscores our shared commitment to equipping professionals with the knowledge and tools necessary to navigate the industry ethically and responsibly.”
The session was led by Chanakya Dissanayake, CFA, Managing Director and Co-Head of Global Delivery Operations at Acuity Knowledge Partners, a renowned provider of tailored research, analytics, staffing, and technology solutions to the global financial services sector.
During the session, Chanakya addressed various aspects of research integrity, including the importance of accurate and unbiased analysis, ethical considerations in investment decision-making, and best practices for maintaining the highest level of professionalism in the industry.
The SEC and CFA Society Sri Lanka look forward to further collaborative efforts to enhance the integrity and transparency of the financial markets in Sri Lanka.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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