Chris Infotainment

International Collaboration in Financial Intelligence The Central Bank of Sri Lanka (CBSL) has taken significant steps to enhance its financial intelligence capabilities by reaching out to multiple countries. The Financial Intelligence Unit (FIU) of the CBSL has initiated a process of requesting information from several nations, including France, Singapore, India, the United States, Hong Kong, the United Kingdom, Thailand, Belgium, Finland, Canada, Spain, Indonesia, and Madagascar. This move is aimed at investigating suspicious financial transactions that may be linked to illicit activities such as money laundering or terrorist financing. Increased Communication with Global Partners According to the latest statistics released by the FIU, there has been a noticeable increase in the number of requests for intelligence information sent to various countries. From January to June 2025, the CBSL FIU has sent four requests to the United Arab Emirates (UAE), three to Singapore, and two each...

CBN's Commitment to Economic Resilience and Innovation The Central Bank of Nigeria (CBN) has reaffirmed its commitment to enhancing productivity and strengthening the local economy against external shocks, under the leadership of Mr. Olayemi Cardoso. This dedication was highlighted during the CBN Special Day at the ongoing 20th Abuja International Trade Fair (AITF), which took place over the weekend. The event, themed "Sustainability: Consumption, Incentives, and Taxation," was organized by the Abuja Chamber of Commerce and Industry (ACCI). Mrs. Hakama Sidi Ali, Acting Director of the Corporate Communications Department at the CBN, emphasized the bank's ongoing efforts in this regard. She stated that achieving economic sustainability relies on a three-pronged approach: strong financial systems, a stable foreign exchange market for effective planning, and robust collaboration between monetary and fiscal authorities. Mr. Ibrahim Abbas, Deputy Director and Head of the...