The evolution of corporate governance codes in Sri Lanka
| Year | Code | Institutions | Implementation |
|---|---|---|---|
| 1997 | The Code of Best Practice: Matters relating to Financial Aspects of Corporate Governance | ICASL | Voluntary |
| 2001 | Handbook on Corporate Governance: Principles and Guidelines to Best Practice in Sri Lanka | ||
| 2002 | Code of Best Practice on Audit Committees | ||
| 2002 | Code of Corporate Governance for Banks and Other Financial Institutions | CBSL (Central Bank of Sri Lanka) | |
| 2003 | Guidelines for Listed Companies in respect of Audit and Audit Committees | SEC and ICASL | |
| 2004 | Standard on Corporate Governance for Listed Companies (Section 6 of Listing Rules) | CSE with the support of SEC and ICASL | Mandatory |
| 2007 | Code of Best Practice on Corporate Governance | ICASL and SEC | Voluntary |
| 2008 | Guidelines for Appointment of Auditors of Listed Companies | SEC | |
| 2008 | The Banking Act Direction No.1: Corporate Governance | CBSL | Mandatory |
| 2008 | Finance Company Direction No.3: Corporate Governance | ||
| 2013 | Code of Best Practices on Corporate Governance | ICASL and SEC | Voluntary |
| 2017 | Code of Best Practices on Corporate Governance |
| Year | Code | Institutions | Implementation |
|---|---|---|---|
| 1997 | The Code of Best Practice: Matters relating to Financial Aspects of Corporate Governance | ICASL | Voluntary |
| 2001 | Handbook on Corporate Governance: Principles and Guidelines to Best Practice in Sri Lanka | ||
| 2002 | Code of Best Practice on Audit Committees | ||
| 2002 | Code of Corporate Governance for Banks and Other Financial Institutions | CBSL (Central Bank of Sri Lanka) | |
| 2003 | Guidelines for Listed Companies in respect of Audit and Audit Committees | SEC and ICASL | |
| 2004 | Standard on Corporate Governance for Listed Companies (Section 6 of Listing Rules) | CSE with the support of SEC and ICASL | Mandatory |
| 2007 | Code of Best Practice on Corporate Governance | ICASL and SEC | Voluntary |
| 2008 | Guidelines for Appointment of Auditors of Listed Companies | SEC | |
| 2008 | The Banking Act Direction No.1: Corporate Governance | CBSL | Mandatory |
| 2008 | Finance Company Direction No.3: Corporate Governance | ||
| 2013 | Code of Best Practices on Corporate Governance | ICASL and SEC | Voluntary |
| 2017 | Code of Best Practices on Corporate Governance |
Source: Author constructed
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