🛡️ IRCSL & FIU Host AML/CFT Awareness Session for Insurance Sector
• Regulatory Update: The Insurance Regulatory Commission of Sri Lanka (IRCSL) and the Financial Intelligence Unit (FIU) conducted a joint awareness session for the compliance staff of insurance companies. • Core Focus: The session covered the Update on National Risk Assessment 2024/25, Public-Private Partnerships (PPP), and vital feedback on Suspicious Transaction Reports (STRs). • Industry Participation: Held on 12 May 2026, the event saw 66 participants, including Compliance Officers and specialized compliance staff representing various Sri Lankan insurance companies. • Expert Panel: Resource personnel included FIU Deputy Director Theja Pathberiya, Head of Supervision Hashini Rangika, Senior Assistant Directors Chathurangi Weerakkody and Kasuni Herath, alongside IRCSL Director (Legal and Enforcement) G. Rajan Nirubasingham. • Impact: The interactive session aims to strengthen risk management and compliance frameworks across the financial services sector, reinforcing the national fight against money laundering and financial crimes.