The Hon. (Dr.) Anil Jayantha
Cabinet changes will be reported to Parliament in due course, with the Minister stating they involve a reallocation of subjects to better align responsibilities rather than removals. Regarding The Finance Company, he said the Government would examine its regulatory status, Central Bank monitoring, and any shortcomings, noting that registration at Divisional Secretariat level is not equivalent to licensing and supervision as a financial institution by the Central Bank.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Regarding Cabinet changes, a report will be made to Parliament in due course. It is not a removal but a reallocation of subjects for better alignment with our objectives, assigning greater responsibilities.
¶ 02 On The Finance Company, we will examine the regulatory status and monitoring as a licensed financial institution, and any shortcomings. Various entities are operating using different methods. We will look into the issues you raised.
¶ 03 Registering at Divisional Secretariat level is not equivalent to Central Bank licensing and supervision.
Provenance
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- Hansard, Friday, 10 October 2025 ·No. 22640 ·English daily/uncorrected Hansard
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/lk/speeches/13860
Cite as: The Hon. (Dr.) Anil Jayantha. 10th Parliament, Parliament of Sri Lanka. Hansard, 10 October 2025. No. 22640. Politick, https://staging.politick.io/lk/speeches/13860