The Cabinet of Ministers has granted approval for the implementation of the National Policy on Anti-Money Laundering, Countering the Financing of Terrorism (AML/CFT) and Countering Proliferation Financing (CPF) of Sri Lanka for the period 2026–2030.

Financial crimes, including money laundering, terrorist financing, and the financing of the proliferation of weapons of mass destruction, continue to pose significant risks to Sri Lanka’s economy, financial stability, and the integrity of the global financial system.

With the rapid advancement of technology and the increasing complexity of financial transactions, the identification, tracing, and freezing of assets derived from criminal activities have become increasingly challenging.

In response to these evolving risks, the Financial Intelligence Unit of the Central Bank of Sri Lanka, in accordance with the standards and recommendations of the Financial Action Task Force (FATF)—the global intergovernmental body responsible for developing policies to combat financial crimes—conducted Sri Lanka’s Third National Risk Assessment on financial crimes during the period 2024/2025.

Based on the findings of the National Risk Assessment, the National Policy on Anti-Money Laundering, Countering the Financing of Terrorism, and Countering Proliferation Financing 2026–2030 has been formulated to address identified vulnerabilities and strengthen Sri Lanka’s framework for preventing and combating financial crimes.

Accordingly, the Cabinet of Ministers approved the proposal submitted by the President, in his capacity as the Minister of Finance, Economic Stabilization and National Policies, to implement the said National Policy during the period 2026–2030.