Sri Lanka Drafts Resolution Framework for Banks, Finance Companies
The CBSL will have the ability to replace an institution’s management, operate an agent institution ...
Regulation AsiaCBSL
CBSL to Allow Foreign Investors to Hedge Currency Risk with Swaps
As part of measures to lure foreign investment back into Sri Lanka, the government also plans to cha...
Regulation Asia
Sri Lanka Banks No Longer ‘Scared’ to grant Covid-19 Loans
Banks no longer need to risk weight the loans against capital due to a guarantee scheme announced by...
Regulation Asia
Banks ‘Must’ Pass on Reduce Rates to Borrowers: CBSL
Sri Lanka’s central bank has cut interest rates again and is ramping up pressure for banks to reduce...
Regulation Asia
Sri Lanka Shortlists Three Firms to Build Shared KYC Facility
The three shortlisted firms will begin work on a proof-of-concept, which is expected to be completed...
Regulation Asia
