Hon. (Dr.) Anil Jayantha
Hon. (Dr.) Anil Jayantha stated that the Central Bank has separate investigative units for banking and non-bank financial activities, but microfinance providers currently operate under varied registration statuses or outside existing legal frameworks. He said the newly established Microfinance Regulatory Authority will bring all non-bank microfinance activities under oversight, enabling supervision and intervention.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Speaker, under the Central Bank there are dedicated units for investigations relating to the banking sector and separate units for the non-bank sector. Many entities engage in microfinance or similar activities; some are registered non-bank institutions, others only under the Companies Act, and still others operate outside existing legal frameworks. We have established the Microfinance Regulatory Authority. Going forward, all non-bank microfinance activities will come under its oversight, enabling intervention and supervision.
Provenance
- Source
- Hansard, Tuesday, 5 May 2026 ·No. 23546 ·English daily/uncorrected Hansard
- Page · column
- not yet extracted — page/column anchors are not in the current dataset; the source PDF is the citable location.
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/lk/speeches/19702
Cite as: Hon. (Dr.) Anil Jayantha. 10th Parliament, Parliament of Sri Lanka. Hansard, 5 May 2026. No. 23546. Politick, https://staging.politick.io/lk/speeches/19702