The Central Bank has imposed fines totalling Rs. 5.5 million on six banks over failure to report suspicious transactions and other offenses under the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA).
The fines were imposed between November 17, 2022 and March 31, 2023 for offenses committed for non-compliance with the provisions of the FTRA, the banking regulator announced on Tuesday.
The Pradeshiya Sanwardhana Bank was fined Rs. 500,000 while five other banks - HDFC Bank, Seylan Bank, Sampath Bank, Hatton National Bank and People’s Bank were each fined Rs. 1 million.
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An exhibition badminton match between Sri Lanka’s youngest Olympian shuttler, Viren Nettasinghe, and Anders Antonsen, the World No.2 ranked in Men’s Singles, will take place at the Mercantile Badminton Association (MBA) Courts at Malalasekara Mawatha, Colombo 7 on Friday (13).
Sri Lanka shared its condolences with bereaved family members of the victims of the Air crash in India today.
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