Sri Lanka Gears Up for 3rd AML/CFT Mutual Evaluation 📈

• Key Objective: President Anura Kumara Dissanayake chaired a high-level meeting at the Presidential Secretariat to review readiness for Sri Lanka’s third mutual evaluation on Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) compliance🏛️ Sri Lanka Gears Up for 3rd AML/CFT Mutual Evaluation • Evaluation Timeline: Sri Lanka’s third mutual evaluation on Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) international compliance standards is set to take place from 26 October to 06 November 2026. • National Priority: President Anura Kumara Dissanayake chaired a high-level discussion at the Presidential Secretariat, emphasizing that passing the evaluation is an essential national priority to strengthen the country's credibility within the international financial system. • Key Institutional Reforms: Discussions focused on introducing necessary legal provisions, operationalising the Proceeds of Crime Act, implementing the Companies Act, and amending the Trusts Ordinance to mitigate economic and financial risks. • Central Coordination: The Financial Intelligence Unit (FIU) of the Central Bank of Sri Lanka (CBSL) is leading coordination activities alongside key ministries, public sector bodies, and private sector institutions. • Action Plan: All stakeholders are urged to address delays and complete technical compliance and effectiveness recommendations within three weeks.