⚖️ Essential Seminar: Safeguards Under Companies Act No. 12 of 2025

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A high-level seminar on the newly amended Companies Act will be held on 27 January 2026 at NH Collection, Colombo, focusing on the heightened legal responsibilities for corporate leaders. • New Regulatory Landscape: The seminar addresses the significant new responsibilities and stringent penal sanctions introduced by the Companies Act No. 12 of 2025 that impact company secretaries and directors. • Key Compliance Risks: Despite clear objectives, several provisions in the amendment remain ambiguous, creating substantial risks for corporate professionals and their organizations. • Strategic Safeguards: Experts will discuss essential mitigation measures, including: • Formally approved policy frameworks. • Enhanced internal compliance procedures. • Clear documentation of duties to manage legal exposure. • Expert Panel: Key speakers include Dr. Aritta Wickramanayake, Nihal Jayawardena (Company Law Advisory Commission Chairman), and Kithsiri Gunawardena (LOLC Insurance Chairman), alongside regulators from the CSE and the Registrar of Companies. 📈 Context: These amendments represent a significant shift in corporate governance in Sri Lanka, emphasizing accountability and the need for robust internal legal safeguards.

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