Sri Lanka ponders 'fit and proper' tests for non-bank lenders

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A bill has been sent to parliament in Sri Lanka to introduce 'fit and proper' tests for senior executives at non-bank lenders, a spokesman for the central bank told CentralBanking.com.

Local media reports quoted deputy central bank governor Dharma Dheerasinghe as saying that the rules will follow on from similar rules for commercial banks, and have already been approved by the Monetary Board.

The Monetary Board is the governing body of the Central Bank of Sri Lanka, responsible for making all

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