The Financial Intelligence Unit (FIU) of the Central Bank collected penalties amounting to Rs. 9.5 million in total from July to September 2025 to enforce institutional compliance.

The penalties were imposed on two finance companies, a casino operator, a telecom service provider, and a jewellery store. All funds collected as penalties were credited to the Consolidated Fund.

In accordance with the powers vested under Section 19(1), read together with Section 19(2) of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA), financial penalties are imposed on institutions for non-compliance with the provisions of the Act.

Under the FTRA, penalties are determined by taking into account the nature and gravity of the relevant non-compliances. Accordingly, as Sri Lanka’s regulator for Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT), the FIU continues to take enforcement action to ensure compliance with the regulatory framework.