Sri Lanka, Oct. 28 -- Sri Lanka's efforts to strengthen its financial system, combat money laundering and counter terrorist financing have entered a crucial phase with the commencement of the third Mutual Evaluation Conference of the Asia/Pacific Group (APG) on Money Laundering in Colombo.Sri Lanka Travel

The inaugural event, held on Monday (26) under the patronage of Prime Minister Dr. Harini Amarasuriya and Deputy Minister of Digital Economy Eranga Weeraratne, marked the beginning of an international assessment of the country's Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) framework.

The evaluation is significant for Sri Lanka as its ability to prevent financial crimes, enforce laws and maintain transparent financial...