Sri Lankaβs decision to digitize the Central Bankβs Banking Supervision Department marks one of the most significant reforms to financial sector oversight in years, but the move also raises an uncomfortable question: why has such a critical modernization taken so long despite repeated concerns over governance failures, irregularities and weaknesses within the banking sector? Cabinet [β¦] The post Central Bank Digital Overhaul Targets Banking Oversight Failures appeared first on Lankanews.lk .