Regulatory Alerts2020-11-12 | Banking Act Determination No. 01 of 2020Annual Licence Fee of Licensed Commercial Banks and Licensed Specialised Banks
The Monetary Board of the Central Bank of Sri Lanka issued this directive on 12 November 2020 to establish the annual licence fees for licensed commercial and specialised banks. The notice mandates that all qualifying financial institutions remit the prescribed annual charges to maintain their regulatory authorization and operational status. Compliance with this fee structure ensures continued oversight and standardizes funding for the central bank's supervisory functions.
Share