People’s Bank CLO launches ‘Legal Aspects Relevant to Banking Activities’

A book authored by People’s Bank Chief Legal Officer Muditha Peiris Karunarathne titled ‘Legal Aspects Relevant to Banking Activities’ was officially published recently. 

The first copies of the book were ceremoniously handed over to People’s Bank Chairman Sujeewa Rajapakse and Chief Executive Officer/General Manager Ranjith Kodituwakku, recently at an event held at People’s Bank head office, in Colombo 2. 

Senior Deputy General Manager Payment and Digital K.B. Rajapakse, Senior Deputy General Manager Overseas Customer Services Rohan Pathirage, Deputy General Manager Channel Management Mahinda Premanath, Deputy General Manager Banking Support Services Lalith Vithana and Head of Marketing Nalaka Wijayawardana also participated in the event.

The informative publication gives a basic knowledge of the law involved in banking, which is important for bank officers to carry out their work in accordance to the laws applicable in different scenarios. 

Karunarathne commented, “When bank officers are involved in banking and operational activities in branches as well as departments, it is imperative that every action they take is in compliance with the laws of the land. The launch of this book is an attempt to provide an understanding of legal applicability in banking transactions. I think all bank officers will find this to be a hand book during their day-to-day banking activities.”