The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has introduced the Faculty of Business Law & Regulatory Compliance to address the growing role of chartered accountants in governance and regulatory affairs.
The faculty’s main role is to guide the design and ongoing enhancement of programmes offered by the CA Business School, ensuring they reflect current legal and regulatory demands.
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It is intended to help members extend their skills beyond conventional accounting and finance responsibilities.
The new faculty will concentrate on four main areas: Business Law Integration, Regulatory Compliance Management, Financial Investigations and Dispute Resolution Expertise.
Through this framework, CA Sri Lanka aims to prepare chartered accountants for increasingly complex regulatory settings.
In a statement, CA Sri Lanka said the move is also expected to strengthen their role as “trusted professionals” supporting transparency, accountability and ethical conduct, and help safeguard public confidence.
CA Sri Lanka president Tishan Subasinghe said: “In today’s technologically driven and highly regulated world, the role of the chartered accountant is undergoing a profound transformation.
“Today, a chartered accountant must be a strategic guardian of integrity, equally proficient in navigating complex business laws and regulatory frameworks as they are in finance. The launch of this faculty is a direct response to this shift.
“It is about building legally aware, compliance-ready professionals who can uphold the highest standards of governance and serve as trusted advisors in an era where ethical compliance is the bedrock of sustainable business.”
The launch event also featured an initial awareness session and a panel discussion under the theme Navigating the Alternative Dispute Resolution Landscape: A Strategic Imperative for Corporate Sri Lanka.
In January this year, CA Sri Lanka appointed Tishan Subasinghe as its president, succeeding Heshana Kuruppu.
