Rule · CBSL · 26 Aug 2022 · Banking Act Order No. 01 of 2022
The Monetary Board of the Central Bank of Sri Lanka, with ministerial approval, designates sixteen specific foreign currencies for use under the Off-Shore Banking Business Scheme. This order replaces the 2021 schedule and officially recognizes major global currencies alongside key regional Asian currencies to facilitate offshore banking transactions. The designated list includes the United States Dollar, Euro, Pound Sterling, Chinese Renminbi, and Indian Rupee among others.
[Logo of the Central Bank of Sri Lanka]
MONETARY BOARD
CENTRAL BANK OF SRI LANKA
26 August 2022 | BANKING ACT ORDER | No. 01 of 2022
BANKING (OFF-SHORE BANKING BUSINESS SCHEME) ORDER DESIGNATED FOREIGN CURRENCIES
Order made by the Monetary Board of the Central Bank of Sri Lanka with the approval of the Minister, under Sections 23, 25 and 26 of the Banking Act, No. 30 of 1988, as amended.
1.1 The foreign currencies set out in the Schedule below in this Order are determined as the Designated Foreign Currencies under the Banking (Off-Shore Banking Business Scheme) Order.
1.2 The Schedule in this Order, replaces the Schedule in the Banking (Off-Shore Banking Business Scheme) Order No. 01 of 2021, dated 18.06.2021.
[Signature]
Dr. P Nandalal Weerasinghe Chairman of the Monetary Board and Governor of the Central Bank of Sri Lanka
*
Schedule
Designated Foreign Currencies
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A newer document in RegAlert replaces this one.
“Banking (Off-shore Banking Business Scheme) Order No. 01 of 2022, dated 26 August 2022 is revoked from the appointed date of the Banking (Amendment) Act, No. 24 of 2024, on 15.06.2024.”
“The Schedule in this Order, replaces the Schedule in the Banking (Off-Shore Banking Business Scheme) Order No. 01 of 2021, dated 18.06.2021.”
Amended 1 time · last 2024-06-14
This document supersedes: Designated Foreign Currencies
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