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President Anura Kumara Dissanayake has launched an urgent, high-level monitoring initiative aimed at shielding Sri Lanka from the heavy financial sanctions and economic limitations that accompany international grey listing. Authorities are currently working to close serious gaps in both legislative structures and institutional staffing in order to satisfy the strict standards set by the Financial Action Task Force. By accelerating these reforms, the government hopes to safegu

Sri Lanka is approaching a decisive moment in 2026 as it prepares for a crucial anti–money laundering evaluation that could shape the country’s economic future and its standing in the global financial system. Central Bank Governor Dr. Nandalal Weerasinghe has recently warned that failure to satisfy international benchmarks could push the country onto the Financial Action Task Force (FATF) grey list, a move that would sharply increase the cost of doing business with the outsid

Sri Lanka has moved swiftly to tighten its regulatory and fiscal approach to casino gaming, introducing higher costs for both players and operators effective from the start of 2026. From January 1, the government doubled the entry fee for Sri Lankan citizens at casinos from US$50 to US$100. In addition, the betting and gaming gross collection levy was raised from 15% to 18%, according to a notice issued by the Inland Revenue Department. These changes apply to all licensed bet