Sri Lanka and Oman sign MoU to exchange intelligence on money laundering activities

Thursday, 17 July 2025 00:09 - - {{hitsCtrl.values.hits}}

FIU-Sri Lanka Director Dr. Subhani Keerthiratne (right) and NCFI-Oman Executive President Colonel Abdul Rahman Amur Al-Kiyumi signing the MoU

The Financial Intelligence Unit of Sri Lanka (FIU-Sri Lanka) entered into a Memorandum of Understanding (MoU) with the National Center for Financial Information in the Sultanate of Oman (NCFI-Oman) during the 31st Plenary of the Egmont Group, held in Luxembourg.

This MoU signed last week (9 July) 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. This collaboration is vital in the global fight against ML/TF, which often involves complex cross-border criminal networks.

The NCFI-Omanis mandated to receive, analyse and request reports and information, suspected of being related or linked to proceeds of crime, ML or TF activities. The FIU-Sri Lanka serves as the focal point for Anti Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework for Sri Lanka and collects, analyses and disseminates information on suspicious financial transactions relating to ML/TF or any other unlawful activities.

FIU-Sri Lanka Director Dr. Subhani Keerthiratne, and NCFI-Oman Executive President Colonel Abdul Rahman Amur Al-Kiyumi signed the MoU on behalf of the respective institutions. With the signing of this MoU, the FIU-Sri Lanka has now entered into MoUs with 46 foreign counterparts for sharing of information for intelligence purposes.