Ceylon Chamber of Commerce will organize a seminar on 7th December to discuss the new Forex Act, which came into effect recently. It is titled ‘New Forex Act and Regulations, what does it mean for business?’
The seminar will commence with a presentation by Pavithri Vithanage, the Senior Assistant Director, Legal and Compliance of the Central Bank of Sri Lanka.
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.