Thursday, November 30, 2017

Ceylon Chamber to hold seminar on ‘New Forex Act’

The Ceylon Chamber of Commerce will hold a seminar on December, 7, 2017 to discuss the new Forex Act, which came into effect recently. The event is titled ‘The new forex Act and Regulations – What Does It Mean for Business?’.

The Seminar will take place at 2.30 p.m. at the Ground Floor Auditorium of the Ceylon Chamber of Commerce.

The seminar will commence with a presentation delivered by Pavithri Vithanage, Senior Assistant Director, Legal and Compliance, Central Bank of Sri Lanka (CBSL.)

Her presentation would be followed by a panel discussion, which will cover the key provisions of the new Act compared to the previous Act, the capital and current account regulations, re-designation of existing accounts and the overall policy direction of the new Act in terms of liberalizing foreign currency transactions.

The Panelists for the session would be Udeni Alawattage, Director, Department of Foreign Exchange of the CBSL, Pavithri Vithanage, Senior Assistant Director, Legal & Compliance, CBSL, Duminda Hulangamuwa, Partner Ernst & Young, Ayomi Aluwihare Gunawardene,Precedent Partner, FJ & G De Saram, Suresh Perera, Director, KPMG, Summaiya Maccan Marker, Head of Compliance, Cargills Bank and Shiran Fernando, Chief Economist of the Ceylon Chamber of Commerce.

More details could be obtained from sriyani@chamber.lk

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