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CBSL identifies TM App as prohibited pyramid scheme

Source: Sri Lanka Mirror
Category: Technology
Region: Sri Lanka
Published: August 06, 2026 at 05:22

πŸ“ Summary

The Central Bank of Sri Lanka has conducted an investigation, ascertained and determined that β€œTM App” has engaged, conducted and promoted a prohibited scheme. Accordingly, the complete list of companies/Apps that have been ascertained and determined as prohibited schemes under Section 83 (C) of the Banking Act, No. 30 of 1988, has been amended as follows […]

πŸ”— Read Full Article at Sri Lanka Mirror ✨ Extract Article
🏷️ Keywords:
prohibited scheme conducted ascertained determined cbsl identifies pyramid

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