Port City banking rules tightens licence access: EY | Daily FT
ft.lk
Port City banking rules tightens licence access: EY | Daily FT
The Colombo Port City offshore banking framework has been materially tightened under recent legislative changes, with access to offshore banking licences now restricted to foreign-incorporated banks, according to a new analysis by Ernst & Young Sri Lanka. In a tax alert on the Colombo Port City Economic Commission (Amendment) Act, No. 1 of 2026 ...
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