Sri Lanka’s CB extends guidance to other Central Banks
View(s):A delegation headed by the Governor of the Central Bank of Seychelles, (CBS) Ms. Caroline Abel met with officials of Sri Lanka’s Central Bank (CB) to enhance their supervisory and regulatory capabilities with particular reference to the new upcoming developments in Seychelles. The CBS is in the process of drafting a new Financial Leasing Act which will allow the introduction, regulation and supervision of financial leasing in Seychelles.
In order to assist the CBS in their effort to develop their financial system, the senior officials of the CB have arranged several programmes in financial leasing regulations, micro finance, exchange control regulations, financial intelligence regulations, etc, a statement from the CB said. During the past few months, the Maldives Monetary Authority (MMA) and the Bangladesh Bank have also obtained technical assistance aimed at developing their foreign reserves management skills from the CB.
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