CB's FIU obtains Egmont Group membership
The Financial Intelligence Unit (FIU) of the Central Bank of Sri
Lanka obtained membership of the Egmont Group, at its recent Annual
Meeting held in Doha, Qatar. The Egmont Group is an association of FIUs
established in 1995. Its membership now stands at 116. Obtaining
membership of the Egmont Group enables Sri Lanka's FIU to develop vital
relationships to facilitate exchange of financial intelligence with
other FIUs and foster global partnerships in combating money laundering
and terrorist financing. Since money laundering and terrorist financing
are often globally organized, global cooperation of FIUs is a key
strategy to deal with such activities.
At the Egmont Group meeting in Doha, Sri Lanka also signed a
Memorandum of Understanding with the FIU of Indonesia for the exchange
of financial information. |