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Customs Info

May 18, 2010 (LBO) - Sri Lanka's Financial Intelligence Unit (FIU) has signed a deal with the country's customs office to share information to help counter money laundering and terrorist financing.

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The FIU says it is chasing more information sharing deal with other domestic agencies.

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"The Financial Intelligence Unit and other authorities such as Sri Lanka Customs also need to be domestically and internationally organized to fight against these activities," the agency which is a unit of the Central Bank said.

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"Therefore, the MOU (memorandum of understanding will facilitate greater co-operation and co-ordination between the two institutions in the exchange of information relating to the cross border currency transactions and movements."