Sri Lanka’s Financial Intelligence Unit (FIU) has imposed a total of Rs. 14.6 million in fines on 11 financial institutions for failing to comply with requirements under the Financial Transactions Reporting Act, No. 6 of 2006.
The Central Bank of Sri Lanka (CBSL) said the penalties were issued following violations identified between October 2025 and March 2026.
The FIU, which functions as Sri Lanka’s regulator responsible for Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) measures, took action against the institutions for non-compliance with legal obligations.
According to the CBSL, the fines were imposed as administrative penalties under the relevant provisions of the law.
The Central Bank further stated that all funds collected through these penalties have been credited to the Consolidated Fund.
The move highlights the FIU’s continued efforts to strengthen compliance standards within Sri Lanka’s financial sector and ensure institutions adhere to regulations aimed at preventing financial crimes.
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