COLOMBO, Oct. 6 -- The Financial Intelligence Unit (FIU) of Sri Lanka's Central Bank has launched a mandatory survey targeting individuals and entities involved in Virtual Asset Service Providing (VASP) activities. This initiative is part of preparations for Sri Lanka's third evaluation of its Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework scheduled for March 2026.

The FIU has defined VASPs as service providers engaged in activities including the exchange between virtual assets and fiat currencies, exchange among various virtual assets, virtual asset transfers, safekeeping or administration of virtual assets, and financial services linked to the issuance or sale of virtual assets.

Virtual assets - su...