Compendium of Regulations Issued to Licensed Commercial Banks

Sri Lanka

(enacted in 2008)

The Compendium of Regulations Issued to Licensed Commercial Banks of 2008 contains the most important directions, circulars, guidelines, and operating instructions issued by various departments of the Central Bank of Sri Lanka to the commercial banks as of 2008.

The regulations cover the following relevant issues:

  • Licensing of commercial banks;
  • Capital adequacy;
  • Reserve requirements;
  • Credit risk management;
  • Liquidity risk management;
  • Market risk management;
  • Operational risk management;
  • Corporate governance;
  • Interest rates;
  • Guarantees;
  • Off-Shore banking business;
  • Abandoned property;
  • Disclosures;
  • Reporting of data to central bank;
  • General banking practices; and
  • Other key determinations, circulars and guidelines.