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Sri Lanka Companies Act amendment marks a cultural shift: Panel

Deloitte Sri Lanka hosted a webinar “Reforming Today for a Resilient Tomorrow: Understanding the Companies (Amendment) Act No. 12 of 2025” following the enactment of the landmark amendment to the Companies Act No. 7 of 2007 on 4th August 2025. This amendment marks a significant step in strengthening Sri Lanka’s regulatory framework for corporates, with beneficial ownership disclosure as its key feature. This webinar brought together corporate law experts, regulators, and Deloitte professionals to discuss how these reforms will reshape business practices, governance, and compliance. Delivering the keynote, Dr. Harsha Cabral, President’s Counsel and Chairman of National Savings Bank, outlined…

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