ACOB – Association of Compliance Officers of Banks

EMPLOYEE PRODUCTIVITY

We Work in Such Directions

01.

Registration

Authorities in our business will tell in no uncertain

02.

Services

There are some redeeming factors in favor

03.

Taxation

Anyway, you still use Lorem Ipsum and rightly

04.

IT law

Comprehensive support for IT projects deserved

Association of Compliance Officers of Banks

About Us

Association of Compliance Officers of Banks – Sri Lanka (ACOB SL) was formally established in 2010 with the objective of sharing experiences, knowledge and facing challenges common to compliance officers of banks in a more standardized manner and to set a level playing field on regulatory compliance among banks.

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FOR YOUR ADVANCED FEATURES

How We Work with Clients

Preparation of a package of documents

Meeting with a lawyer, signing a contract

Terms of payment for the performance of work

Emergence of the Association of Compliance Officers of Banks – Sri Lanka

With the introduction of the Prevention of Money Laundering Act and the Financial Transactions Reporting Act that required Financial Institutions to have in place a Compliance Officer who is responsible for establishing procedures and systems in respect of Know your Customer, Customer Due diligence, training, retention, reporting etc. Even though obligation to have in place a Compliance Officer was required by the Central Bank of Sri Lanka as far back in 1997, these new Acts imposed statutory obligations on the Financial Institutions to have in place a compliance function especially in respect of Anti Money Laundering Measures.

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Upali de Silva

Former SLBA Secretary’s Message

I recall an era when the Compliance function of a Bank was assigned to an official, as an additional ‘responsibility’ to his designated role, just to comply with the regulatory requirement to have such an officer. Traditionally the primary responsibility of the Compliance Officer was to ensure the Bank….

Dilani Sooriyaarachchi

Former President’s Message

It is indeed a great pleasure to send this short message for the launch of the “Official Web Site” of the Association of Compliance Officers of Banks – Sri Lanka. Formally established in 2010, the Association of Compliance Officers of Banks – Sri Lanka (ACOB) has always created a forum to promote common understanding…

Samanthi Senanayake

Former Secretary’s Message

It is with great pleasure that I convey this message as the Secretary of the Association of Compliance Officers of Banks’ on this occasion of launching the web site of the ACOB. Being a member of this Association from its inspection, as the AML officers Association to the present Association it is very exciting…