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.