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Financial and economic sanctions relating to economic crimes in Sri Lanka

Author

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  • Dayanath Jayasuriya

Abstract

Purpose - The purpose of this paper is to provide an overview of the salient legislative provisions aimed at curbing financial and economic crime. Design/methodology/approach - The paper presents an analysis of financial and economic crime in Sri Lanka. Findings - The paper underlines the practical limitations in enforcing the laws and regulations and highlights the need for political will, allocation of resources for law enforcement, capacity building within enforcement agencies and international cooperation as essential conditions for effective law enforcement. Originality/value - Sri Lanka's experience suggests both what is possible as well as not possible to deal with terrorism using law as a tool.

Suggested Citation

  • Dayanath Jayasuriya, 2008. "Financial and economic sanctions relating to economic crimes in Sri Lanka," Journal of Financial Crime, Emerald Group Publishing Limited, vol. 15(4), pages 364-368, October.
    • Handle: RePEc:eme:jfcpps:13590790810907209
    DOI: 10.1108/13590790810907209
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    Cited by:

    1. Kamil K. Nazliben & Luc Renneboog & Emil Uduwalage, 2024. "Corporate governance from colonial Ceylon to post-civil war Sri Lanka," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 28(1), pages 265-335, March.

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