SEC, CSE strengthen role of Auditors of Watchlist Cos. View(s):The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) jointly organised an awareness session recently, for auditors of companies which are currently on the CSE Watchlist. The session focused on enhancing awareness of enforcement actions and timelines, reducing prolonged Watchlist durations, and fostering a more coordinated regulatory approach among regulators, auditors, and listed companies, the SEC said in a media release. In that sense, auditors are not just ticking a regulatory box, they are the ones holding the line on transparency. Head of Listed Entity Compliance at the CSE, Kassapa Weerasekara delivered a presentation focused on enforcement actions that can lead to securities being transferred to the watchlist. The panel recommended that companies engage their auditors well in advance and establish clear timelines to avoid non submission becoming an enforcement trigger.

Source: Sunday Times March 29, 2026 01:10 UTC