Regulatory Alerts2022-08-29 | Banking Act Direction No. 07 of 2022Mandatory Recording of Unique Identification Numbers for Depositors by Licensed Banks
The Central Bank of Sri Lanka mandates all licensed commercial and specialized banks to record Unique Identification Numbers for depositors within their banking systems. The directive specifies distinct identification types for individual and institutional depositers, including national identity card numbers for citizens and passport or registration numbers for others. Licensed banks must implement this requirement for new depositors starting 1 October 2022 and complete the process for existing accounts by 31 December 2023.
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