Sri LankaThe Financial Intelligence Unit of Sri Lanka presenting the conclusions of the 2021/22 National Risk Assessment on Money Laundering and Terrorist financing, which aimed to identify the most significant threats and vulnerabilities to the country.
The Financial Intelligence Unit of the Central Bank of Sri Lanka organized an event to raise awareness regarding the anti-money laundering and counterterrorist financing compliance obligations of those operating in the gem and jewelry sector.
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The Central Bank of Sri Lanka imposed a total of Rs1.7 million in fines against four financial institutions for violating anti-money laundering and counterterrorist financing rules relating to the reporting of certain financial transactions.
The Financial Intelligence Unit of the Central Bank of Sri Lanka issued a Rs500,000 financial penalty against the Colombo, Sri Lanka-based financial institution for failure to comply with the Financial Institutions (Customer Due Diligence) Rules, No. 1 of 2016.
| Technical | Effectiveness |
|---|---|
| Compliant : 7 | High : 0 |
| Largely Compliant : 25 | Substantial : 1 |
| Partially Compliant : 7 | Moderate : 1 |
| Non-Compliant : 1 | Low : 9 |
No longer a "graylisted" country as of Oct. 18, 2019. Sri Lanka's technical compliance was most recently re-rated in a Nov. 8, 2021 follow-up report
| Rank : 23/141 |
| Score : 6.52/10 |
| Rank : 93/180 |
| Score : 38/100 |
| Rank : 39/133 |
| Score : 72/100 |