SEC and CFA Society Sri Lanka collaborate to promote research integrity among stockbroker firms

9 October 2023 04:44 am Views - 340

The Securities and Exchange Commission of Sri Lanka (SEC) and CFA Society Sri Lanka (CFASSL) recently

Chanakya Dissanayake, CFA

joined forces to host a workshop aimed at strengthening research integrity within the stockbroker industry. 
The event titled ‘Enhancing Research Integrity’ took place at the SEC auditorium and saw participation from prominent professionals in the financial sector.


SEC Deputy Director General Tushara Jayaratne commenting on this collaborative initiative stated, “As part of our ongoing commitment to promoting transparency and professionalism in the financial markets, we are delighted to partner with CFA Society Sri Lanka, which represents the gold standard in professional qualifications for investment professionals. Together, we aim to raise the bar in research integrity.”


The primary objective of the session was to provide analysts from various stockbroker firms with valuable insights and tools to enhance research integrity in their respective roles. This initiative aligns with the broader mission of both the SEC and CFA Society Sri Lanka to foster a culture of accountability and ethical conduct within the financial industry.


CFA Society Sri Lanka President Aruna Perera, CFA emphasised the importance of the event, saying, “Promoting research integrity is vital for maintaining investor trust and market stability. By collaborating with the SEC, we demonstrate our collective commitment to upholding the highest standards of professionalism and ethics in the investment profession.”


CFA Society Sri Lanka Chairman Advocacy Committee Ravi Abeysuriya stated, “In today’s complex and dynamic financial landscape, maintaining research integrity is paramount. This collaborative effort between the SEC and CFA Society Sri Lanka underscores our shared commitment to equipping professionals with the knowledge and tools necessary to navigate the industry ethically and responsibly.”
The session was led by Chanakya Dissanayake, CFA, Managing Director and Co-Head of Global Delivery Operations at Acuity Knowledge Partners, a renowned provider of tailored research, analytics, staffing and technology solutions to the global financial services sector. 


During the session, Chanakya addressed various aspects of research integrity, including the importance of accurate and unbiased analysis, ethical considerations in investment decision-making and best practices for maintaining the highest level of professionalism in the industry.
The SEC and CFA Society Sri Lanka look forward to further collaborative efforts to enhance the integrity and transparency of the financial markets in Sri Lanka.