Guidelines on Anti-Money Laundering, Countering the Financing of Terrorism and Countering Proliferation Financing for the Securities Market

The Securities and Exchange Commission of Sri Lanka issued these guidelines to mandate Anti-Money Laundering, Countering the Financing of Terrorism, and Countering Proliferation Financing compliance for all regulated securities market entities. The document requires entities to implement a risk-based approach, including comprehensive Customer Due Diligence, beneficial ownership identification, and enhanced measures for high-risk customers and non-governmental organizations. It further establishes strict protocols for suspicious transaction reporting, record keeping, internal controls, and the management of risks associated with new technologies and third-party payments.

Sri Lanka

Securities and Exchange Commission of Sri Lanka