Sri Lanka, Aug. 21 -- The Central Bank of Sri Lanka (CBSL) has introduced new rules governing structural changes in licensed finance companies (FCs), tightening oversight of investments, business expansion, capital adjustments and other major corporate changes.Sri Lanka News
The new Finance Business Act Directions No. 04 of 2026 on Structural Changes consolidate the regulatory framework applicable to FCs and revoke three previous directions. Issued in August, the Directions take effect immediately, subject to transitional provisions.The CBSL said the new framework is aimed at ensuring that structural changes in finance companies are carried out in a prudent, transparent and orderly manner, while protecting the resilience and soundness of i...