Central Bank identifies additional entities involved in prohibited schemes

Date:

April 23, Colombo (LNW): The Central Bank of Sri Lanka (CBSL) has announced the identification of eight additional entities involved in conducting or having conducted prohibited schemes.

In a notice addressed to the general public, the Central Bank emphasised that participating in pyramid schemes constitutes a punishable offense under Sri Lankan law.

The CBSL reiterated its ongoing efforts to safeguard consumers and preserve the integrity of the financial system by combatting illicit financial activities.

Share post:

spot_imgspot_img

Popular

More like this
Related

Government Secures Major World Bank Facility to Boost Grassroots Health Services

Government Secures Major World Bank Facility to Boost Grassroots Health Services

Government Clears Recruitment Drive to Strengthen Public Sector Workforce

Government Clears Recruitment Drive to Strengthen Public Sector Workforce

Government Unveils Fresh Credit Lifeline for MSMEs Hit by Recent Disasters

Government Unveils Fresh Credit Lifeline for MSMEs Hit by Recent Disasters

UN Rallies Global Support for Sri Lanka’s Post-Cyclone Rebuilding Drive

UN Rallies Global Support for Sri Lanka’s Post-Cyclone Rebuilding Drive