Sri Lanka’s Central Bank Financial Intelligence Unit has collected a total of 9.5 million rupees in administrative penalties from several reporting institutions, including LOLC Finance and National Development Bank, during the period from July to September 2025.
Financial penalties were imposed on LOLC Finance, Fintrex Finance, Rank Entertainment (Pvt) Ltd (Casino Marina), Pan Asia Banking Corporation, Bullion Exchange, National Development Bank, and Mobitel. These actions were taken due to non-compliance with the provisions of the Financial Transactions Reporting Act, No. 6 of 2006.
The Central Bank stated that the penalties were determined by considering the nature and severity of the respective non-compliances identified at each institution.
As the national regulator for Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT), the Financial Intelligence Unit collected a total of 9,500,000 rupees in penalties during the specified period to enforce compliance among the institutions. The funds collected from these penalties have been credited to the Consolidated Fund.
(Colombo, December 24, 2025)
