19 June 2024 11:01 pm Views - 288
The Financial Intelligence Unit of Sri Lanka (FIU-Sri Lanka) entered into a memorandum of understanding (MoU) with the Financial Intelligence National Centre of the Kingdom of Bahrain (FINC-Bahrain), to exchange financial intelligence related to money laundering (ML) and associated predicate offences and in relation to terrorist financing (TF) offences.
This MoU was entered into by the FIU-Sri Lanka, in terms of the provisions of Financial Transactions Reporting Act No. 6 of 2006.
The agreement was inked on June 4, 2024, at the 30th Plenary of the Egmont Group, held in Paris, France.
With the signing of this MoU, the FIU-Sri Lanka has entered into MoUs with 45 foreign counterparts for sharing of information for intelligence purposes.