Sept 20, Colombo: Sri Lanka's securities regulator, Securities and Exchange Commission (SEC) will host a regional seminar on "Supervision and Surveillance of Market Intermediaries" from September 23-27 at the Cinnamon Grand in Colombo.
The seminar is organized by the Financial Regulators Training Initiative (FRTI) of the Asia Pacific economic Corporation (APEC).
The SEC is hosting the event for the third consecutive year and nearly 65 participants from the Asia Pacific region is expected to attend the seminar this year.
The seminar is designed for individuals with a minimum of 4-5 years of market intermediary supervision. It is geared at disseminating the latest trends on supervision and surveillance, effective incorporation of technology in supervisory activities, adoption of a risk-based supervisory approach and creating awareness on cross border supervision.
Supervision and surveillance of market intermediaries are of utmost importance when regulating he capital market. A constructive regulatory structure acts as an incentive towards the of the capital market, the organizers say.
The SEC says it identifies the regional seminar as an ideal opportunity to expand and strengthen the supervision and surveillance system in the Capital Market.