Seminar of implications of new Business Finance Act

A seminar on ‘The Implication of the new Business Finance Act’ will be held on 30 November at the Ceylon Continental from 9 a.m. to 12 noon.

Speakers will include President’s Counsel Dr. Dayanath Jayasuriya who will focus on ‘Regulatory Overview of the Business Finance Act and Implications for Operations’; Ernst & Young Sri Lanka Country Managing Partner Asite Talwatte who will speak on ‘Implications from an Accounting and Auditing Perspective’; and Deputy Solicitor General Yasantha Kodagoda on ‘Criminal Justice Implications of the Business Finance Act’.

The Panel will include PIM Senior Consultant Dr. Wickrema Weerasooriya as Chair and Finance Houses Association Chairman Kamal Yatawara.

The Business Finance Bill was passed by the Parliament on 21 September 2011. It provides for the repeal of the Finance Companies Act and introduces far-reaching changes.

The seminar is intended to analyse in depth the implications of new legislation on deposits and deposit taking institutions and will cover regulatory, compliance, criminal and corporate governance aspects as well as accounting and auditing requirements.For registration contact Asian Pathfinder Legal Consultancy Services, email [email protected] or [email protected], tel 0712736867/0777759963.