Seminar on Beneficial Ownership compliance in Sri Lanka: Challenges, responsibilities, and best practices for company secretaries

Friday, 10 July 2026 00:00 - - {{hitsCtrl.values.hits}}

A high-level seminar and discussion on the current issues surrounding Beneficial Ownership (BO) compliance in Sri Lanka will be held on 22 July 2026 at The Kingsbury Hotel, Colombo, from 2 p.m. to 5 p.m.

Organised to provide clarity and practical guidance for company secretaries, the seminar will address pressing challenges in the registration and filing of Beneficial Ownership information under the Companies Act No. 12 of 2025 and the CBSL Finance Business Act, Direction 2 of 2026 (dated 17 March 2026).

Key topics

Scope and responsibilities of company secretaries in BO declarations
Challenges in the first submission of BO information to the CBSL
Operational and system-related issues in filing BO 05 and BO 07 forms
Statutory deadline of 30 September 2026 and risks of non-compliance
The role of the Financial Intelligence Unit (FIU) in oversight and interaction with BO filings

Distinguished speakers

CBSL Director – Financial Intelligence Unit Dr. Subhani Keerthiratne
Heritage Partners Precedent Partner Dr. Arittha Wikramanayake
LOLC General Insurance Chairman Kithsiri Gunawardene
Registrar of Companies, Attorney-at-Law Sunethra Dharmakeerthi
SEC Sri Lanka Former Director General Malik Cader

This seminar will serve as a vital platform for professionals in corporate governance, compliance, and company secretarial practice to gain insights into regulatory expectations and best practices for timely compliance.