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Financial governance News

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Local News

Redefining Ethical Banking: How Janashakthi Finance is Scaling Shariah-Compliant Solutions in Sri Lanka.

May 21, 2026 at 7:13 PM

Janashakthi Finance PLC is expanding its footprint in the alternative finance sector through its dedicated unit, focusing on Shariah-compliant and ESG-aligned financial products for the Sri Lankan market.

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Redefining Ethical Banking: How Janashakthi Finance is Scaling Shariah-Compliant Solutions in Sri Lanka
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Economy
ICMAB Leaders Discuss Strategic Economic Role with Finance Minister
Image Source : who.int

ICMAB Leaders Discuss Strategic Economic Role with Finance Minister.

May 20, 2026 at 4:47 AM
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Local News

Governance in Crisis: Analyzing the NDB Financial Scandal and Regulatory Silence.

The alleged Rs. 13.2 billion financial discrepancy at the National Development Bank (NDB) has triggered a national debate on institutional accountability, audit failures, and the effectiveness of oversight bodies in Sri Lanka.

May 18, 2026 at 4:45 AM
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Local News

Nations Trust Bank Records Strong Financial Growth in First Quarter of 2026.

Nations Trust Bank reported a 12% year-on-year increase in Profit After Tax (PAT) to LKR 4.6 billion for the first quarter of 2026, driven by stable margins and effective risk management.

May 15, 2026 at 11:54 PM
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Economy•
May 13, 2026 at 5:16 AM

Modeling Sri Lanka’s Economic Future: Lessons from the UAE’s Financial Framework.

This article explores how Sri Lanka could enhance its economic stability and investor appeal by adopting key strategies used by the UAE, such as tax clarity, capital mobility, and the establishment of independent offshore financial zones like the Colombo Port City.

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Politics

Understanding the Mechanisms of Parliamentary Control Over Public Finances.

May 12, 2026 at 8:56 PM

An exploration of how parliamentary systems maintain oversight of national finances, detailing the legislative processes involved in budgetary approval and fiscal accountability.

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Local News
Urgent Need for Financial Oversight: Addressing Recent Lapses in State Fiscal Management
Image Source : ftadviser.com

Urgent Need for Financial Oversight: Addressing Recent Lapses in State Fiscal Management.

May 9, 2026 at 7:19 PM
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Local News
Critical Perspective: Governance Concerns Surrounding the NPP Administration
Image Source : scmp.com

Critical Perspective: Governance Concerns Surrounding the NPP Administration.

May 9, 2026 at 7:18 PM
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Finance

Modern Financial Markets Exhibit Higher Discipline Compared to the 1990s Era.

PIMCO's Lotfi Karoui argues that today's financial markets are significantly more disciplined and resilient than they were during the 1990s, offering a comparative perspective on current cross-asset credit dynamics.

May 8, 2026 at 7:24 PM
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Parliamentary Watchdog Grills Central Bank Over NDB Bank Internal Control Failures
Image Source : ft.lk
Finance•
May 8, 2026 at 10:39 AM

Parliamentary Watchdog Grills Central Bank Over NDB Bank Internal Control Failures.

The Committee on Public Finance (COPF) has demanded accountability from the Central Bank of Sri Lanka regarding a major financial fraud at NDB Bank, highlighting critical lapses in audit oversight and calling for modernized security measures.

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United Kingdom

Tracing the Financial Web: The International Connections Behind Reform UK.

May 6, 2026 at 2:45 PM

An analysis of Reform UK's funding structure reveals a heavy reliance on a few ultra-wealthy donors, including significant contributions from overseas, raising questions about political influence and the transparency of British electoral financing.

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Technology
Navigating AI Investments: Strategic Financial Leadership in a Transforming Era
Image Source : businessinsider.com

Navigating AI Investments: Strategic Financial Leadership in a Transforming Era.

May 4, 2026 at 10:07 AM
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Local News

Legal Consequences Loom as Finance Ministry Secretary Skips Key Parliamentary Committee Hearing.

Legal experts warn that the Finance Ministry Secretary could face severe penalties under the Parliament (Powers and Privileges) Act after failing to appear before the Committee on Public Finance regarding a suspicious $2.5 million transfer.

April 30, 2026 at 4:01 PM
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Business
Navigating Uncertainty: The Evolving Role of Finance Leaders in the Digital Era
Image Source : sri-lanka.mom-gmr.org

Navigating Uncertainty: The Evolving Role of Finance Leaders in the Digital Era.

April 30, 2026 at 2:39 AM
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Business•
April 28, 2026 at 11:31 PM

LB Finance Secures $15 Million Funding Boost from Swiss Impact Investor.

Sri Lanka’s LB Finance has finalized a $15 million senior debt facility with Switzerland-based Enabling Qapital to boost MSME lending and promote financial inclusion across the nation.

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Finance

Millennium Management Solidifies Dominance Through Strategic Jain Global Acquisition.

April 28, 2026 at 4:37 PM

Izzy Englander's Millennium Management is evolving into an institutional asset powerhouse, exemplified by its recent absorption of Bobby Jain's Jain Global, marking a shift toward private equity-style expansion.

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Millennium Management Solidifies Dominance Through Strategic Jain Global Acquisition
Image Credit : alternativefundinsight.com
Local News

Janashakthi Finance Introduces 'Shakthi' to Advance Financial Inclusion for Women.

Janashakthi Finance has launched 'Shakthi', a specialized fixed deposit and financial support scheme tailored to empower women in career growth, entrepreneurship, and long-term wealth creation.

April 28, 2026 at 1:34 AM
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Finance

Hedge Fund Titan Jain Global Shifts Strategy to Become Exclusive Millennium Asset Manager.

Bobby Jain's firm, Jain Global, is returning approximately $6 billion to external investors and transitioning into an exclusive investment manager for Millennium Management, aiming to leverage the platform's infrastructure and resources.

April 27, 2026 at 2:52 PM
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Business
GRI Elevates Strategic Governance with New Board Appointments
Image Source : lankatalks.com

GRI Elevates Strategic Governance with New Board Appointments.

April 27, 2026 at 2:13 AM
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Technology•
April 26, 2026 at 11:32 PM

Evolution of Finance: How Human Intelligence Complements AI in Modern Business.

As AI automates routine tasks, finance professionals are shifting toward strategic, data-driven leadership roles, with a focus on human judgment, ethical reasoning, and critical analysis.

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