Regulatory Alerts2016-06-01 | 1969/17 (G)Amendment to the Money Broking Regulations No. 1 of 2013
The Monetary Board of the Central Bank of Sri Lanka issued regulations amending the Money Broking Regulations No. 1 of 2013 to mandate real-time transaction reporting. Authorised money broking companies must upload details of all quotes, bids, and intermediated transactions to the Central Bank's online interface within 30 minutes of execution. The Chief Executive Officer or dealing room officer is held responsible for this compliance, with fax submissions permitted only during system failures and required to be entered once the system is restored. These amendments became effective on June 1, 2016.
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