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The Financial Crimes Investigation Division was formed on 26 February 2015 under the purview of Sri Lanka Police Service. FCID is directly responsible in handling the investigations on the corruption charges against the Rajapaksa Administration and the public service that involved in large-scale corruption which led to destabilize the Government revenue.
The post of Financial Secretary came second in the order precedence after Colonial Secretary or Chief Secretary as the post was known. Following independence in 1947 and the official post of Secretary of Treasury, with appointment begin of grade of an Permanent Secretary and to the most senior member and head of the Ceylon Civil Service .
The Government of Sri Lanka (GoSL) (Sinhala: ශ්රී ලංකා රජය, romanized: Śrī Laṅkā Rajaya; Tamil: இலங்கை அரசாங்கம், romanized: Ilaṇkai Aracāṅkam) is a Semi-presidential republic determined by the Sri Lankan Constitution.
The Motley Fool's mission is to help the world invest, better. To do my part, here are nine things I think investors should never forget. 1. Nine out of 10 people in finance don't have your best ...
There were two types of practitioners; Advocates and Proctors based on English law, while since the implementation of the Justice Law No. 44 of 1973, there are only one type of legal practitioners authorized to represent others in all court of law in the island and are also authorized to give advice regarding any matter of law, known as Attorneys at law.
Financial regulation is a broad set of policies that apply to the financial sector in most jurisdictions, justified by two main features of finance: systemic risk, which implies that the failure of financial firms involves public interest considerations; and information asymmetry, which justifies curbs on freedom of contract in selected areas of financial services, particularly those that ...
The Thonigala Rock Inscription [8] [9] located in the modern day Vavuniya District, dated in the third year of King Kithsirimevan (also known as Kirthi Sri Meghavarna) who reigned in the 4th century A.D., records that a certain minister deposited some quantities of grain and beans with a guild in the northern quarter of the city with the stipulation that the capital should remain unspent and ...
Financial law is the law and regulation of the commercial banking, capital markets, insurance, derivatives and investment management sectors. [1] Understanding financial law is crucial to appreciating the creation and formation of banking and financial regulation, as well as the legal framework for finance generally.