The Financial Intelligence Unit (FIU) of the Central Bank of Sri Lanka has imposed administrative fines totaling Rs. 14.6 million on 11 reporting entities for failing to comply with the provisions of the Financial Transactions Reporting Act, No. 6 of 2006.
According to the Central Bank, the penalties relate to violations committed between October 2025 and March 2026.
The FIU, which serves as Sri Lanka’s regulatory authority for combating money laundering and the financing of terrorism, imposed the fines under Sections 19(1) and 19(2) of the Financial Transactions Reporting Act.
The Central Bank said the penalties were determined based on the nature and severity of the non-compliance by each reporting entity.
It further confirmed that all fines collected have been credited to the Consolidated Fund.
The enforcement action forms part of the Central Bank’s ongoing efforts to strengthen regulatory compliance among reporting institutions and safeguard the integrity and stability of Sri Lanka’s financial system.
The Central Bank has also released the names of the institutions fined, along with the respective penalties imposed on each entity.
