In an investigation led by the International Criminal Police Organization dubbed Operation Flycatcher II, authorities in Sri Lanka arrested six people for alleged terrorist-related activities.
The Asia/Pacific Group on Money Laundering published a sixth follow-up report concerning the progress made by Sri Lanka to strengthen its anti-money laundering and counterterrorist financing regime, highlighting efforts to better detect cross-border transportation of currency.
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Senior U.S. Justice Department official pledges tougher prosecutions of white-collar criminals, record whistleblower award may prompt more reports of corporate malfeasance, and more, in the weekly roundup.
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.
The Central Bank of Sri Lanka’s Financial Intelligence Unit imposed a Rs1 million administrative 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.
|Compliant : 7||High : 0|
|Largely Compliant : 25||Substantial : 1|
|Partially Compliant : 7||Moderate : 1|
|Non-Compliant : 1||Low : 9|
|Rank : 23/141|
|Score : 6.52/10|
|Rank : 93/180|
|Score : 38/100|
|Rank : 39/133|
|Score : 72/100|