Sri Lanka to Establish First Compliance-Led Crypto & FinTech Centre of Excellence 📈

Ascent Business Solutions has partnered with Swiss/US-headquartered de Risk Partners to launch Sri Lanka’s first delivery operation focused on virtual asset compliance. The partnership positions the nation as an emerging hub for high-end financial crime advisory and regulatory services. • Strategic Partnership: Ascent will provide delivery support for de Risk Partners’ global portfolio of regulated fintech, crypto exchanges, and banks across North America, Europe, and Asia-Pacific. • Core Focus: The operation centers on institutional-grade compliance, covering Anti-Money Laundering (AML), Counter-Financing of Terrorism (CFT), and Sanctions Screening, aligned with international standards such as FATF, FinCEN, and FINMA. • Knowledge Transfer: A specialized training program led by former US Federal Reserve examiners and global banking executives will equip local teams with senior-grade expertise in ICT/BPM and fractional Chief Compliance Officer (CCO) services. • Economic Impact: By moving beyond traditional back-office support into specialized financial crime advisory, the initiative enhances Sri Lanka's ICT/BPM sector, fostering high-value employment and global regulatory alignment in the digital finance space.