Sri Lanka central bank flags Crosslink Entities for unauthorized deposit-taking

ECONOMYNEXT – The Central Bank of Sri Lanka (CBSL) has issued a public warning declaring that Crosslink Investment (Pvt) Ltd and Crosslink Holdings (Private) Limited operated unauthorized deposit schemes. Following an investigation under the Finance Business Act No. 42 of 2011, the banking regulator determined that Crosslink Investment illegally took public deposits between April 2020 […]

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