SCUML Pastes AMF/CFT Non-Compliance Notice on Huge Dream Properties Ltd

Administrative Penalties imposed by the Financial Intelligence Unit (FIU) on Reporting Institutions from November to December 2024 | Central Bank of Sri Lanka

By virtue of the powers vested under Section 19 (1) read together with section 19 (2) of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA), financial penalties are imposed on Institutions for non-compliance with the provisions of the FTRA. The penalty may be prescribed by taking into consideration the nature and gravity of relevant non-compliance of the Institutions. FULL TEXT Published Date: Thursday, March 27, 2025

SCUML Pastes AMF/CFT Non-Compliance Notice on Huge Dream Properties Ltd

In line with its mandate to ensure that the scourge of money laundering is curbed in the nation, the Special Control Unit against Money Laundering, SCUML, on Monday,  March 24, 2025 pasted a notice of non-compliance with Anti Money Laundering/ Combating the Financing of Terrorism AML/CFT requirements on Huge Dream Properties Limited. Credit: Economic and [...] Source from InfoStride News

Why We Pasted AMF/CFT Non-Compliance Notice On Huge Dream Properties Ltd

Why We Pasted AMF/CFT Non-Compliance Notice On Huge Dream Properties Ltd – SCUML In line with its mandate to ensure that the scourge of money laundering is curbed in the nation, the Special Control Unit against Money Laundering, SCUML, on Monday,  March 24, 2025 pasted a notice of non-compliance with Anti Money Laundering/ Combating the Financing of Terrorism AML/CFT requirements on Huge Dream Properties Limited. Huge Dream Properties Limited, a…