BIZ
CBSL imposes penalties on 5 banks
The Central Bank of Sri Lanka (CBSL) has imposed financial penalties on five banks for non-compliance with the provisions of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA).
Penalties have been imposed on DFCC, Bank of Ceylon, People’s Bank, National Development Bank and the National Savings Bank
The CBSL further said that the money collected as penalties were credited to the Consolidated Fund.
