Sri Lanka, July 16 -- The Financial Intelligence Unit of the Central Bank of Sri Lanka has signed a Memorandum of Understanding (MoU) with the National Center for Financial Information in Oman (NCFI-Oman), during the 31st Plenary of the Egmont Group, held in Luxembourg.

Issuing a statement in this regard, the Financial Intelligence Unit stated that the MoU facilitates the exchange of financial intelligence related to money laundering (ML), associated predicate offences, and terrorist financing (TF), in accordance with the provisions of the Financial Transactions Reporting Act, No. 6 of 2006.

Financial Intelligence Units around the world enter into MOUs to foster cooperation with their international counterparts by sharing information. T...