CBSL eliminates 15 Money Changers for non-compliance
Tuesday, 11 July 2023 01:22 – – 37
The public has been informed that the companies listed above are no longer permitted to engage in money changing activities, and buying, selling and exchanging foreign currency with such companies are considered as a contravention of the provisions of the Foreign Exchange Act, No. 12 of 2017.
The 15 MCs are Aruna Forexc No. 22, New Bazaar Street, Nuwara Eliya; Brescia Grameen Ltd., No. 88/02, Chilaw Road, Kattuwa, Negombo; Jeya Forex Exchange Ltd. No. 688, Galle Road, Colombo 03; Kamal Enterprises Ltd. No. 57A, Bristol Paradise Building, York Street, Colombo 01; Kudamadu Money Exchange Ltd. Main Road, Mahawewa; Midna Mini Market Ltd. No. 12, Shopping Complex, Wennappuwa; New Lanka Gold House Ltd., No. 59, Rathnapura Road, Horana; Rafeek’s Gems Ltd. No. 109, Chatham Street, Colombo 01; Rimha Jewellers Ltd. No. 4/A, Masjidh Road, Puttalam; Salaka Trust Investments Ltd. No. 466, Union Place, Colombo 02; Sharanga Money Exchange Ltd. No. 157/1, Kasturiyar Road, Jaffna; Sornam Forex Ltd., No. 59, Batticaloa Road, Kalmunai; Thamasha Forex Ltd., No. 131, Bazzar Street, Chilaw; Universal Money Changers Ltd., No. 143A, Galle Road, Colombo 06 and Vasanthas International Money Exchange Ltd. No. 56, D S Senanayake Veediya, Kandy.