Sri Lanka moves to strengthen fight against money laundering and terror financing

President steps in to steer key money laundering evaluation to avoid grey-list risks

President Anura Kumara Dissanayake yesterday convened a high-level meeting to review Sri Lanka’s preparedness for its Third Mutual Evaluation on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT), signalling direct presidential oversight of a process critical to safeguarding the country’s standing in the global financial system, according to the President’s Media Division. The meeting comes as Sri Lanka prepares to demonstr

Sri Lanka moves to strengthen fight against money laundering and terror financing

A special discussion on Sri Lanka’s Third Mutual Evaluation on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) was held this morning (February 03) at the Presidential Secretariat in Colombo under the patronage of President Anura Kumara Dissanayake. Addressing officials, the President stressed that before proving integrity to the international community, the government must first take responsibility for its own actions an…

Sri Lanka Intensifies Efforts to Combat Illicit Finance and Prevent Grey List Reinstatement

President Anura Kumara Dissanayake has delivered a decisive ultimatum to state institutions, emphasizing that “good governance” must be established domestically before being showcased internationally. Speaking at a meeting held at the Presidential Secretariat on Tuesday, President Dissanayake addressed the nation’s key financial and security officials, urging preparation for a critical international audit pivotal to Sri Lanka’s economic recovery…