Sri Lanka, March 11 -- Sri Lanka has successfully completed the National Risk Assessment (NRA) 2024/25 on Money Laundering (ML), Terrorist Financing (TF) and Proliferation Financing (PF), in collaboration with a total of 86 governmental organizations, regulatory bodies and private sector institutions.
Accordingly, the country's national Terrorist Financing (TF) risk, a combination of TF threat and vulnerability, was assessed as medium-high, reflecting an increase from medium level in the previous assessment. This risk was driven by a rise in threat level to medium-high reflecting evolving threats from both extremist and separatist networks, supported by possible diaspora funding, digital radicalization, regional spillover risks, and the us...