Permits of 15 Money Changers not renewed by CBSL
The Monetary Board of the Central Bank of Sri Lanka has decided not to renew the money changing permits of the 15 Money Changers (MCs) for the year 2023, due to the non-compliance with a condition of the permits issued for the year 2022.
The CBSL says this was communicated to the respective MCs on Feb. 22, 2023.
Accordingly, the public is hereby informed that the companies listed above are no longer permitted to engage in money changing activities, and buying, selling and exchanging foreign currency with such companies are considered as a contravention of the provisions of the Foreign Exchange Act, No. 12 of 2017, the CBSL adds.
The list of the MCs are as follows :
