Description

Law Relating to Prevention of Money Laundering by Kalinga Indatissa
A Definitive Guide to Understanding and Applying Anti-Money Laundering Laws in Sri Lanka

In an era where financial crimes pose serious threats to national security, economic integrity, and global stability, the legal framework to combat money laundering has never been more critical. Kalinga Indatissa, President’s Counsel, offers an authoritative and comprehensive exploration of this vital area of law in his seminal work, Law Relating to Prevention of Money Laundering.

This book provides an in-depth examination of Sri Lanka’s legislative response to money laundering, with detailed commentary on the Prevention of Money Laundering Act, related regulations, and their interpretation by the judiciary. Drawing on both domestic case law and international standards, Indatissa presents a clear, structured, and practical guide to understanding the obligations, liabilities, and enforcement mechanisms surrounding anti-money laundering (AML) efforts.

Tailored for practitioners, compliance professionals, law enforcement officers, and academics, this work bridges the gap between theory and practice. It highlights procedural aspects of investigation, asset seizure, prosecution, and the critical role of financial institutions and regulatory bodies in detecting and reporting suspicious activity.