## Corporate Governance Forum Highlights Compliance & Regulatory Updates 📈

The Sri Lanka Institute of Directors (SLID) and ICCS Sri Lanka recently concluded a high-demand forum focused on strengthening the national framework for corporate governance and transparency. • Core Focus: Targeted at board secretaries and directors, the session addressed critical compliance challenges, specifically the implementation of Beneficial Ownership requirements under the Companies Act. • Key Discussion Areas: Regulatory Compliance: Guidance on identifying, maintaining, and reporting beneficial ownership data. Risk Mitigation: Identifying safeguards for directors and secretaries through clearly defined roles. Governance Frameworks: Enhancing accountability and transparency to align with evolving best practices. • Expert Panel: Featured high-level representation from the Colombo Stock Exchange (CSE), the Department of Registrar of Companies, and leading legal and banking sector professionals. • Repeat Session: Due to oversubscription, a repeat program is scheduled for 17 February (7:30 a.m. – 10:00 a.m.) to accommodate unmet demand from the professional community. Note: Based on reported event outcomes as of February 2026. ---