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Economy

CBSL calls for public input on amendments to finance business act

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The Central Bank of Sri Lanka (CBSL) has invited public consultation on proposed amendments to the Finance Business Act, No. 42 of 2011 (FBA), with the objective of further strengthening the regulation and supervision of finance companies.

According to the CBSL, the proposed amendments are designed to enhance the investigation and prosecution processes related to unauthorized finance business activities and to improve the resolution and winding-up mechanisms for non-viable finance companies.

Members of the public have been encouraged to submit their views, suggestions, and comments on the draft amendments, which are available on the CBSL website at www.cbsl.gov.lk.

Submissions may be forwarded via post, fax, or email on or before 30 November 2025.

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