Sri Lanka new Banking Act to facilitate banks in Intl. Financial Centre

‘s new Banking Act to facilitate banks in Colombo Intl. Financial Centre

Jan 06, 2020 (LBO) – Sri Lanka’s Central Bank has initiated drafting a new Banking Act and expects to complete its enactment in 2021. The new Banking Act will contain provisions to extend regulations for banks, which are to be established in the Colombo International Financial Centre. Key concepts of the proposed Act include provisions […]