Sri Lanka has been flagged by several international banks as a high risk jurisdiction in relation to money laundering in leaked documents analysed by hundreds of journalists worldwide.

The Sunday Times was part of this global effort led by the International Consortium of Investigative Journalists, together with BuzzFeed News and 108 other media partners in 88 countries. We spent 16 months organization and analyzing leaked documents dubbed the FinCEN files.

The stories broke around the world on Sunday. The journalistic investigative effort was based on Suspicious Activity Reports (SARs) which are records of money movements banks compile and submit to the US Department of the Treasury, when they suspect a possibly suspicious activity.

http://www.sundaytimes.lk/article/1125233/leaked-documents-identify-sl-as-high-risk-jurisdiction-for-money-laundering