The Central Bank of Sri Lanka (CBSL) has announced the launch of an online Complaint Management System (CMS) to facilitate the submission of complaints and grievances by financial consumers relating to Financial Service Providers (FSPs) regulated by CBSL.
According to the CBSL, the CMS has been introduced with the aim of enhancing accountability, efficiency, and transparency in the complaint handling process within the regulatory framework of CBSL.
The system enables financial consumers to submit complaints and grievances in a structured and standardized format, supporting more effective regulatory oversight and timely resolution.
The platform streamlines complaint management processes by reducing reliance on printed documentation and minimizing processing delays.
It is accessible 24/7, allowing financial consumers to lodge their complaints at their convenience. In addition, users can track the status and progress of their complaints, ensuring greater visibility throughout the resolution process.
Financial consumers are required, in the first instance, to submit their complaints or grievances directly to the relevant FSP.
The bank said that complaints may be escalated to the CBSL via the CMS only where such matters remain unresolved or where the response provided by the FSP is deemed unsatisfactory.
Users are advised to ensure that all submissions are clear, accurate, and complete, and that all relevant supporting documentation is provided to facilitate efficient processing.
The CMS can be accessed at: https://reachus.cbsl.lk/, where detailed guidance on submission procedures is available. (Newswire)