Financial regulations News

Redefining Ethical Banking: How Janashakthi Finance is Scaling Shariah-Compliant Solutions in Sri Lanka.

Governance in Crisis: Analyzing the NDB Financial Scandal and Regulatory Silence.

The alleged Rs. 13.2 billion financial discrepancy at the National Development Bank (NDB) has triggered a national debate on institutional accountability, audit failures, and the effectiveness of oversight bodies in Sri Lanka.

Understanding the Mechanisms of Parliamentary Control Over Public Finances.

An exploration of how parliamentary systems maintain oversight of national finances, detailing the legislative processes involved in budgetary approval and fiscal accountability.

US States Move to Restrict Tax Breaks on Qualified Small Business Stock.

Sri Lanka Sets New Standard for Global Crypto Compliance via Strategic Partnership.

Ascent Business Solutions and de Risk Partners have launched Sri Lanka’s first compliance-led Crypto and FinTech Centre of Excellence, aiming to provide high-level regulatory support to global financial markets.

Cabinet Moves to Amend Finance Business Act and Consumer Protection Laws.

Legal Consequences Loom as Finance Ministry Secretary Skips Key Parliamentary Committee Hearing.

Legal experts warn that the Finance Ministry Secretary could face severe penalties under the Parliament (Powers and Privileges) Act after failing to appear before the Committee on Public Finance regarding a suspicious $2.5 million transfer.

LB Finance Secures $15 Million Funding Boost from Swiss Impact Investor.

Sri Lanka’s LB Finance has finalized a $15 million senior debt facility with Switzerland-based Enabling Qapital to boost MSME lending and promote financial inclusion across the nation.

Janashakthi Finance Introduces 'Shakthi' to Advance Financial Inclusion for Women.

Janashakthi Finance has launched 'Shakthi', a specialized fixed deposit and financial support scheme tailored to empower women in career growth, entrepreneurship, and long-term wealth creation.

Sri Lanka Bolsters Targeted Financial Sanctions to Combat Terrorism Funding.

European Regulators Impose Heavy Fines on Global Banks for Forex Cartel Activities.

Bangladesh Banking Crisis: DCCI Highlights Paradox of Excess Liquidity and Credit Drought.

The Dhaka Chamber of Commerce & Industry (DCCI) has warned that despite banks holding record excess liquidity, the private sector, particularly SMEs, is struggling to access credit. Experts call for urgent structural reforms and improved data accuracy to resolve this economic bottleneck.