Tag: CBSL Warns Against Misleading Overseas Property Investments
CBSL Warns Against Misleading Overseas Property Investments, Threatens Legal Action
The Central Bank of Sri Lanka (CBSL) has issued a stern warning to the public regarding misleading advertisements promoting overseas investments in immovable properties and offering guidance on obtaining foreign financing for such ventures. The CBSL emphasizes that many of these advertised activities contravene the country’s foreign exchange regulations and has signaled its intent to […]