Colombo (LNW): The Central Bank of Sri Lanka (CBSL) has circulated a notice directed at Attorneys-at-Law and Notaries Public, emphasising the appointment of a compliance officer for their respective business practices.
This directive is in compliance with the Section 33 of the Financial Transactions Reporting Act, No 06 of 2006, pertaining to certain business operations.
CBSL has further cautioned that non-adherence to the stipulations within the FTRA could result in administrative penalties.
