Lankapage Logo Recent Top Stories
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Sri Lank parliament approves amendments to Terrorist Financing Act
Fri, Feb 8, 2013, 10:38 pm SL Time, ColomboPage News Desk, Sri Lanka.

Feb 08, Colombo: Sri Lanka Parliament Friday approved the draft bill to amend the Convention on Suppression of Terrorist Financing Act No 25 of 2005 without a vote after its Third Reading in Parliament.

The draft bill when presented to parliament Wednesday got hung up in the definition of the word 'terrorist' when the opposition pointed out that the word 'terrorist' had not been defined clearly.

The Leader of the House and Minister Nimal Siripala de Silva clarified to the House who a terrorist is today and according to the Minister's definition, a terrorist is a person who is directly or indirectly involved in any terrorist activity or a person who aids and abets him.

The Act is amended to prevent collection of funds for terrorist organizations.

Sri Lanka has provided a high-level written commitment to work with the Financial Action Task Force (FATF), an organization that combats international money laundering and terrorist financing, to implement corrective measures to adequately criminalize money laundering and terrorist financing

** Related Story :: Sri Lanka debates amending legislation to adequately criminalize terrorist financing

ColomboPage - Recent 10 Stories
Sri Lanka's post-war transparent growth grabs attention of China's richest province
-- [8 hours ago]
Three Ministers demand probe on Avant Garde Chairman's remarks
-- [9 hours ago]
UPFA opposition to bring no-faith motion against Finance Minister
International Conference in Sri Lanka addresses maternal and child nutrition
New Commissioner General for Prisons assumes duties in Sri Lanka
Sri Lanka expects to get EU's GSP+ facility in June
CSE Chief elated with 2016 Budget boost for capital markets
U.S. Ambassador to UN Samantha Power concludes her visit to Sri Lanka
Sri Lanka focuses on utilizing natural resources in renewable energy generation
Sri Lanka maintains policy rates, monetary policy appropriate

Copyright © 2000, 2012 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.