APG-Follow-Up-Report-SriLanka-2020
In 2015 APG assessed the effectiveness of Sri Lanka's measures to tackle money laundering and terrorist financing, and their compliance with the FATF Recommendations.
This follow-up report looks at the actions Sri Lanka has undertaken to address the weaknesses identified in the report and to meet the requirements of FATF Recommendations that have changed since their 2015 mutual evaluation and ensuing FURs.
To reflect the actions they have taken, Sri Lanka's technical compliance on Recommendations 14 and 15 has been re-rated:
Sri Lanka will remain in enhanced follow-up, and will continue to report back to the APG on progress to strengthen its implementation of AML/CFT measures.
More on:
APG Follow Up Report Sri Lanka - 2019
APG Follow-Up Report of Sri Lanka - 2016