Sri Lanka regulates AML/CTF through the FIU of Sri Lanka and the Financial Transactions Reporting Act No. 6 of 2006. See the obligations and how MemberCheck supports them.
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Sri Lanka has built its AML/CTF regime around the Financial Intelligence Unit of Sri Lanka, hosted at the Central Bank of Sri Lanka, which is both the AML/CTF supervisor and the financial intelligence unit, and the Financial Transactions Reporting Act No. 6 of 2006, which sets the core obligations for financial institutions and designated businesses.
Reporting entities must run customer due diligence, identify beneficial owners, keep records, monitor transactions, and report suspicious activity to the FIU. Supervisors expect a risk-based compliance framework backed by ongoing monitoring and staff training.
MemberCheck helps teams meet these obligations by screening customers and entities against global sanctions, PEP, and adverse-media data, verifying identities, and monitoring risk continuously, with a clear audit trail behind every decision.
The Financial Intelligence Unit of Sri Lanka sits within the Central Bank of Sri Lanka. It is both the AML/CTF supervisor, running risk-based examinations of financial institutions and designated non-finance businesses, and the financial intelligence unit that receives and analyses suspicious transaction reports.
Sri Lanka's principal AML statute. It sets customer due diligence, record-keeping, and reporting duties for financial institutions and designated non-finance businesses.
As an APG member, Sri Lanka participates in a FATF-style regional body and aligns its regime with the international AML/CTF standards.
The Financial Intelligence Unit of Sri Lanka, hosted at the Central Bank of Sri Lanka, holds both roles. It runs risk-based AML/CTF supervision of financial institutions and designated non-finance businesses and professions, conducting on-site and off-site examinations and issuing rules and guidance. It is also the financial intelligence unit, receiving and analysing suspicious transaction reports.
The Financial Transactions Reporting Act No. 6 of 2006 is Sri Lanka's principal AML statute, setting customer due diligence, record-keeping, and reporting obligations.
Sri Lanka is a member of the Asia/Pacific Group on Money Laundering (APG), a FATF-style regional body, and aligns its regime with FATF standards.
MemberCheck screens customers and entities against global sanctions, PEP, and adverse-media data, verifies identities, and monitors risk continuously, with an audit trail behind every decision.
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