📈 CBSL Imposes Rs. 14.6 Mn Penalties on 11 Firms for Non-Compliance

The Central Bank of Sri Lanka’s (CBSL) Financial Intelligence Unit (FIU) has collected a total of Rs. 14.6 Mn in administrative financial penalties from 11 reporting institutions between October 2025 and March 2026. • Regulatory Enforcement: Penalties were imposed by the FIU under the Financial Transactions Reporting Act (FTRA), No. 6 of 2006, serving as Sri Lanka’s primary regulator for Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT). • Penalty Criteria: The specific fines were determined based on the nature and gravity of the respective non-compliances identified within each institution. • Fund Allocation: The entire sum of Rs. 14,600,000 collected from these enforcement actions has been officially credited to the government's Consolidated Fund. _Note: Summary based on official regulatory data released by the FIU for the specified six-month period._