Licensed Specialized Banks

In terms of Section 14 of the FTRA, every FI, must appoint a Compliance Officer at senior management level. The CO is responsible for ensuring compliance with the FTRA and related regulations.

All appointments or changes to the Compliance Officer must be notified to the Director, FIU, by submitting the CO Declaration Form, duly completed.

Submission Address:
Director,
Financial Intelligence Unit,
Central Bank of Sri Lanka, Colombo 01

Email: fiu@cbsl.lk

According to Rule No. 41 of the Designated Non-Finance Business (Customer Due Diligence) Rules, No. 1 of 2018, real estate agents are required to appoint a senior management level officer as the CO to handle AML/CFT related matters within the entity. All appointments or changes of the CO must be notified to the Director, FIU by submitting the ‘CO Declaration Form’.

The duly completed CO Declaration Form should be forwarded to the FIU via email or post;

Address: Director, Financial Intelligence Unit, Central Bank of Sri Lanka, Colombo 01

Email: fiudnfbp@cbsl.lk

According to Rule No. 41 of the Designated Non-Finance Business (Customer Due Diligence) Rules, No. 1 of 2018, real estate agents are required to appoint a senior management level officer as the CO to handle AML/CFT related matters within the entity. All appointments or changes of the CO must be notified to the Director, FIU by submitting the ‘CO Declaration Form’.

The duly completed CO Declaration Form should be forwarded to the FIU via email or post;

Address: Director, Financial Intelligence Unit, Central Bank of Sri Lanka, Colombo 01

Email: fiudnfbp@cbsl.lk

According to Rule No. 41 of the Designated Non-Finance Business (Customer Due Diligence) Rules, No. 1 of 2018, real estate agents are required to appoint a senior management level officer as the CO to handle AML/CFT related matters within the entity. All appointments or changes of the CO must be notified to the Director, FIU by submitting the ‘CO Declaration Form’.

The duly completed CO Declaration Form should be forwarded to the FIU via email or post;

Address: Director, Financial Intelligence Unit, Central Bank of Sri Lanka, Colombo 01

Email: fiudnfbp@cbsl.lk

A suspicious transaction is a completed or an attempted transaction where there are reasonable grounds to suspect that the transaction is related to a money laundering (ML), terrorist financing (TF) or an unlawful activity.

A Suspicious Transaction Report (STR) is a report submitted to the FIU under the Section 7 of the FTRA by any Institution regarding a suspicious transaction. Institution means, any person or body of persons engaged in or carrying out any finance business or designated non-finance business.

An institution shall submit an STR as soon as practicable, after forming the suspicion or receiving information, but no later than two working days thereafter.

The FIU provides online access to certain sectors for submitting STRs. Other institutions may submit STRs manually in accordance with the Suspicious Transactions (Format) Regulations of 2017.

According to Rule No. 41 of the Designated Non-Finance Business (Customer Due Diligence) Rules, No. 1 of 2018, real estate agents are required to appoint a senior management level officer as the CO to handle AML/CFT related matters within the entity. All appointments or changes of the CO must be notified to the Director, FIU by submitting the ‘CO Declaration Form’.

The duly completed CO Declaration Form should be forwarded to the FIU via email or post;

Address: Director, Financial Intelligence Unit, Central Bank of Sri Lanka, Colombo 01

Email: fiudnfbp@cbsl.lk

Under Section 15(1)(b) of the FTRA, the FIU may request information from Financial Institutions and Designated Non-Finance Businesses and Professions (DNFBPs). Such requests support:

• The analysis of STRs, and
• Investigations of ML/TF or other unlawful activities involving any person or entity.

Institutions are legally required to provide the requested information without delay.