The Financial Intelligence Unit (FIU) of the Central Bank of Sri Lanka has obtained membership of the Egmont Group, at its recent Annual Meeting held in Doha, Qatar, the bank said.
The Egmont Group is an association of FIUs established in 1995 with a membership of 116.
"Obtaining membership of the Egmont Group enables Sri Lanka's FIU to develop vital relationships to facilitate exchange of financial intelligence with other FIUs and foster global partnerships in combating money laundering and terrorist financing.
Since money laundering and terrorist financing are often globally organized, global cooperation of FIUs is a key strategy to deal with such activities," the statement said.
At the Doha meeting, Sri Lanka also signed a Memorandum of Understanding with the FIU of Indonesia for the exchange of financial information. |
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