Sri Lanka, Oct. 16 -- The Financial Intelligence Unit (FIU) of the Central Bank is set to sign two MoUs with the Financial Intelligence Units of the Republic of Mauritius and the Vatican City State.

In terms of the provisions of the Financial Transactions Reporting Act No. 6 of 2006, Sri Lanka Financial Intelligence Unit is established under the Central Bank of Sri Lanka.

It has been planned to sign a Memorandum of Understanding (MoU) with the objective of supplying a framework for exchanging information forecast on the justifiable grounds that will be applicable for investigating or filing cases on supplying funds for money laundering, crimes based on prior activities relevant to that, financing for terrorism and supplying finances for...