Home / Financial Services/ Royal Monetary Authority of Bhutan visits Sri Lanka for mutual knowledge share

Royal Monetary Authority of Bhutan visits Sri Lanka for mutual knowledge share

Comments / {{hitsCtrl.values.hits}} Views / Tuesday, 5 February 2019 00:55


From left: Varuna Mallikarachchi (CBSL), Oko Tshering (RMAB), Mihindu Rajaratne (LFSBL), Gayal Rupasinghe (CBSL), Tempa Rabgay (RMAB), Kezang Yuden (RMAB) and Prabodha Agalawatte (CBSL)

A delegation from the Royal Monetary Authority of Bhutan (Central Bank of Bhutan) visited Lanka Financial Services Bureau Ltd. (LFSBL) in December 2018 for a ‘knowledge sharing’ session organised by the Payments and Settlements Department of the Central Bank of Sri Lanka (CBSL).  

Central Bank of Sri Lanka Director, Payments and Settlements D. Kumaratunge

The interactive sessions were jointly conducted by the LFSBL and CBSL in order to provide a comprehensive understanding of the operations of SWIFT (Society for Worldwide Interbank Financial Telecommunication) and greater emphasis on the updated Cyber Security standards and protocols observed by the Central Bank of Sri Lanka.

Knowledge sharing sessions between the two parties focused on a range of topics including SWIFT system and Security features, responsibility of SWIFT Security Officers, Web based applications, flow of SWIFT messages, Relationship Management Application, Controls, Protocols to Mitigate Cyber Threats, Business Continuity Planning and Disaster Recovery planning and Established Resilience Measures.

The SWIFT Shared Infrastructure of Sri Lanka which is certified by the Shared Infrastructure Program (SIP) of SWIFT in SIPv1 and v2 standards and LFSBL is currently in progression to obtain the v3 standard which will, once again reiterate Sri Lanka’s regional status of being in the forefront in setting the regional standards in payments and settlements systems, regulatory and security in the SAARC region.

Central Bank of Sri Lanka Director, Payments and Settlements D. Kumaratunge emphasised the significance of the delegation’s visit as strengthening relations with the Central Bank of Bhutan and viewed it as an opportunity to share knowledge and best practices of Central Bank of Sri Lanka in the space of modernising national payment systems.

Share This Article

Facebook Twitter


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

Come, let us build!

Friday, 26 April 2019

It was the best of times; it was the worst of times. Best because Sri Lanka was united in what it did well: being at peace, on an extended sabbatical, pursuing the absence of conflict – even mindlessly – and enjoying the fruit of island life. Wor

Black Easter

Friday, 26 April 2019

To Sri Lankan Christians, Easter this year was a day of God where demons reigned. It can be considered an unfortunate day in which the country was plunged again into the uncivilised wretchedness that prevailed in the country during the violent confli

Explaining Sri Lanka’s new Emergency Regulations on ‘publication’

Friday, 26 April 2019

Sri Lanka’s President issued a new set of Emergency Regulations on 22 April. This note explains the contents of Emergency Regulation 15, which concerns the ‘control of publications’, and certain other regulations relevant to publication. There

A secular public space is essential for the safety and wellbeing of all

Friday, 26 April 2019

The heart is heavy and the pen is slow. The environment is thick with the shared sorrow of many. Pain and suffering caused by deaths of hundreds and maiming of more on Easter of 2019 will linger for the rest of our lives. But life must go on and we m

Columnists More