The Central Bank of Sri Lanka issued a circular urging regulated entities to be vigilant concerning new money laundering and terrorist financing risks emerging during the COVID-19 Pandemic, including increased hacking and other cyber incidents.
The Central Bank of Sri Lanka issued a guidance addressed to chief executive officers and managing officials of all financial institutions and designated non-finance businesses advising on newly adopted customer due diligence rules concerning the identification of politically exposed persons.
German lawmakers question FIU raid, Wirecard subject of 72 German STRs, and more, in the weekly roundup.
Latvia accuses central bank governor of laundering a bribe, Estonia plans AML reforms, and more, in the midweek roundup.
The Central Bank of Sri Lanka outlined that it imposed Rs6 million in fines against five financial institutions between July 2019 and May 2020 for failing to comply with anti-money laundering and counterterrorist financing requirements.
|Compliant : 7||High : 0|
|Largely Compliant : 24||Substantial : 1|
|Partially Compliant : 7||Moderate : 1|
|Non-Compliant : 2||Low : 9|
|Rank : 25/146|
|Score : 7.15/10|
|Rank : 93/180|
|Score : 38/100|
|Rank : 39/133|
|Score : 72/100|