Sri Lanka court extends CBSL asset freeze on six firms

Sri Lanka court extends CBSL asset freeze on six firms

Sri Lanka's central bank has issued orders to 6 companies and its directors preventing the disposal, transfer, or otherwise dealing with all properties and other assets held by them and the directors.

CBSL freezes assets of six companies under Finance Business Act

CBSL freezes assets of six companies under Finance Business Act

CBSL Enacts Freezing Measures Against Six Firms for Illicit Financial Operations

In accordance with Section 44 of the Finance Business Act, No. 42 of 2011 (FBA), the Director of the Department of Supervision of Non-Bank Financial Institutions (DSNBFI) at the Central Bank of Sr…

CBSL Freezes Assets of Six Companies Over Unauthorized Finance Business - Business News

The Central Bank of Sri Lanka (CBSL) has frozen the assets of six companies and their directors over concerns related to unauthorised finance business and deposit-taking. The orders prevent the companies and directors from disposing of, transferring or otherwise dealing with their properties and other assets. CBSL issued the orders under Section 44 of the … The post CBSL Freezes Assets of Six Companies Over Unauthorized Finance Business appeared…

Central Bank freezes assets of 6 companies and their directors

The Central Bank of Sri Lanka (CBSL) has issued freezing orders against six companies and their directors, preventing them fromContinue Reading