Brind.
  1. Sri Lanka faces increased downside risks due to ongoing conflicts and natural disasters, leading the IMF to oversee economic reform and provide financial support.
  2. The central bank of Sri Lanka is adjusting interest rates and undergoing external debt restructuring as part of the IMF programme.
  3. The IMF and Financial Action Task Force are providing recommendations and developing international standards for financial system reform in Sri Lanka.

Sri Lanka strengthened its Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) framework in line with FATF standards.

2 reports, 1 independent Updated Sep 1
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What happened

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Sri Lanka strengthened its Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) framework in line with FATF standards.

Who's involved

What this event is mainly about
Financial Action Task ForceSri Lanka

How it developed

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  1. Sri Lanka is aligning its national policies with FATF standards, including directing draft legislation for virtual assets and joint supervision of virtual asset service providers.Sub-event
  2. Sri Lanka implements FATF standards to strengthen its AML/CFT framework.1 source

Keep exploring

Part of

The IMF and Financial Action Task Force are providing recommendations and developing international standards for financial system reform in Sri Lanka. All 1 developments

Within Sri Lanka faces increased downside risks due to ongoing conflicts and natural disasters, leading the IMF to oversee economic reform and provide financial support.

The entities involved

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Coverage

Newest first; wire copies grouped