A delegation from the Financial Action Task Force (FATF) Cell of India’s Department of Revenue visited Sri Lanka from 12–14 November 2025 to conduct the second phase of capacity-building and training programmes for officials of the Central Bank of Sri Lanka (CBSL) and other regulatory agencies.
The Indian team included experts from the Financial Intelligence Unit, the FATF Cell, the Reserve Bank of India, the Securities and Exchange Board of India, and the Insurance Regulatory and Development Authority of India.
The programme focused on strengthening cooperation in financial sector supervision, regulatory coordination, and emerging challenges in the financial system. Officials from CBSL, the Securities and Exchange Commission, the Insurance Regulatory Commission, and representatives from financial institutions participated in the sessions.
Training covered regulatory oversight, supervisory practices, sector-specific approaches, case-based discussions and experience-sharing with the private sector, giving participants the opportunity to work closely with Indian experts on practical aspects of compliance and institutional capacity-building.
During the visit, the delegation also met the Governor of the Central Bank and senior leadership to review ongoing cooperation. Discussions included the regulatory framework for Virtual Asset Service Providers and India’s experience in digital payments.
The visit follows earlier virtual interactions and the first phase of engagements held in October. Both sides are expected to continue the momentum through additional virtual sessions and follow-up visits aimed at strengthening collaboration, enhancing regulatory preparedness, and aligning with global standards. (Newswire)