CB refuses to renew money changing permits for Salaka and 14 others

- colombogazette.com

The Central Bank of Sri Lanka has decided not to renew the money changing permits for Salaka and 14 others, for the year 2023.

Issuing a statement, the Monetary Board of the Central Bank of Sri Lanka said that it has decided not to renew the money changing permits of 15 money changers for the year 2023.

The decision was taken due to the non-compliance with a condition of the permits issued for the year 2022, which was communicated to the respective money changers on 22.02.2023.

Accordingly, the public has been informed that the companies listed below are no longer permitted to engage in money changing activities.

The Central Bank said that 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.

No.Name of the CompanyAddress of the Business Place
1Aruna Forexc (Pvt) LtdNo. 22, New Bazaar Street, Nuwara Eliya
2Brescia Grameen (Private) LimitedNo. 88/02, Chilaw Road, Kattuwa, Negombo
3Jeya Forex Exchange (Pvt) LtdNo. 688, Galle Road, Colombo 03
4Kamal Enterprises (Pvt) LtdNo. 57A, Bristol Paradise Building, York Street, Colombo 01
5Kudamadu Money Exchange (Pvt) LtdMain Road, Mahawewa
6Midna Mini Market (Pvt) LtdNo. 12, Shopping Complex, Wennappuwa
7New Lanka Gold House (Private) LimitedNo. 59, Rathnapura Road, Horana
8Rafeek’s Gems (Pvt) LtdNo. 109, Chatham Street, Colombo 01
9Rimha Jewellers (Pvt) LtdNo. 4/A, Masjidh Road, Puttalam
10Salaka Trust Investments (Pvt) LtdNo. 466, Union Place, Colombo 02
11Sharanga Money Exchange (Pvt) LtdNo. 157/1, Kasturiyar Road, Jaffna
12Sornam Forex (Private) LimitedNo. 59, Batticaloa Road, Kalmunai
13Thamasha Forex (Private) LimitedNo. 131, Bazzar Street, Chilaw
14Universal Money Changers (Pvt) LtdNo. 143A, Galle Road, Colombo 06
15Vasanthas International Money Exchange (Pvt) LtdNo. 56, D S Senanayake Veediya, Kandy

 

(Colombo Gazette)

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