The Asia/Pacific Group on Money Laundering published a fifth follow-up report on Sri Lanka’s anti-money laundering and counterterrorist financing regime, highlighting that the country’s efforts have resulted in re-rating Sri Lanka on its compliance.
The Central Bank of Sri Lanka published new guidelines for non face-to-face customer identification and verification, and the use of electronic interface as provided by the Department for Registration of Persons.
German lawmakers question FIU raid, Wirecard subject of 72 German STRs, and more, in the weekly roundup.
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The Financial Intelligence Unit of the Central Bank of Sri Lanka penalized the Colombo, Sri Lanka-based financial institution for the breach of the Financial Transaction Reporting Act, No. 06 of 2006.
The Financial Intelligence Unit of the Central Bank of Sri Lanka issued a financial penalty against the Colombo, Sri Lanka-based financial institution for its violation of the Financial Transaction Reporting Act in relation to anti-money laundering and counterterrorist financing compliance.
|Compliant : 7||High : 0|
|Largely Compliant : 24||Substantial : 1|
|Partially Compliant : 7||Moderate : 1|
|Non-Compliant : 2||Low : 9|
|Rank : 23/141|
|Score : 6.52/10|
|Rank : 93/180|
|Score : 38/100|
|Rank : 39/133|
|Score : 72/100|