Covid 19

The Minister of Justice on 8th June 2021 presented the Coronavirus Disease 2019 (COVID-19) (Temporary Provisions) Bill. The emergence of the new COVID-19 virus variant and the surge in the spread of the virus over the past few months has resulted in cyclical lockdown/curfew and/or travel restrictions being imposed in Sri Lanka. This has placed

The Covid 19 pandemic has had a significant impact on businesses and its operations in Sri Lanka. From a work place perspective, employers are implementing safety measures to reduce the risk of exposure which include enabling staff to work from home when possible, practicing social distancing in the workplace, increased hygiene and environmental cleanliness etc.

1. Extraordinary Gazettes: (Department of Government Printing)www.documents.gov.lk/en/exgazette.php Extraordinary Gazette No.2168/08 dated 26.03.2020 – Appointment of a Presidential Task Force to direct Coordinate and monitor the delivery of Continuous Services for the Sustenance of Overall Community life. Extraordinary Gazette No.2169/03 dated 02.04.2020 – Order under Section 22 of the Foreign Exchange Act No.12 of 2017. Extraordinary

The following measures have been announced by the Government as at 01.07.2021. Banking and Finance: The Monetary Board of the Central Bank of Sri Lanka [CBSL] by Circular No.4/2020 dated 24.03.2020 has directed Financial Institutions (i.e. Licensed Commercial Banks, Licensed Specialized Banks & Leasing companies) to: Implement a debt moratorium (Capital & Interest) on – Lease rentals

With the recent surge in Covid cases, the following preventive measures have been implemented by the Ministry of Health on travellers from overseas entering Sri Lanka, irrespective of the travellers’ COVID vaccination status, which will be in effect from 11th of May 2021 to 31st May 2021. 1. Mandatory Quarantine People entering Sri Lanka are subject to a

The COVID-19 pandemic has created situations unprecedented, preventing a physical presence of persons necessary for transacting of business at one time in the same space with a ‘wet signature’ sealing the deal! Technology in the form of the online platforms have facilitated the ‘meeting’ of people at a global level via video conferencing and other

The Director-General of Health Services, Sri Lanka has issued a set of COVID-19 health and safety guidelines to international tourists visiting Sri Lanka. International Arrivals Tourists visiting Sri Lanka should arrive on Charter flights, Scheduled flights, or Private Jets to Katunayake or Mattala international airports. This will include Dual Citizens, Sri Lankan spouses of foreign

Sri Lanka is preparing to open its border for international arrivals sometime in or about September 2020. The Country is looking forward to resurrecting it’s otherwise vibrant tourist industry currently halted due to the Pandemic. The Electronic Travel Authorization (ETA) facility currently suspended is scheduled to be made functional allowing travelers to obtain online visas

රට වසා තැබීම, ඇඳිරි නීතීය සහ ව්යාපාර කටයුතු නැවතීමේ ප්රතිඵලයක් වශයෙන් ආදායම් ඉපයීම නතරවීම තුලින් අනාගතයේදී ඇතිවිය හැකි වෙළඳපොල පහලයාම පුරෝකථනය කරමින් ඉදිරියේදී ඉතා ඉක්මනින් කිසිසේත්ම උද්යෝගීමත් නොවන ගෝලීය හා දේශීය ආර්ථික ක්රියා පිළිවෙලට මුහුණ දීමට සිදු වනු ඇත. සේවායෝජකයන් විසින් ඔවුන් ඉදිරියේ ඇති අභියෝග රාශියකට එහි රැකියා ශ්රම බලකාය පෝෂණය කිරීමද ඇතුළත්ව මුහුණදීමේ කාර්යය

The Bank Supervision Department of the Central Bank of Sri Lanka (CBSL) amending the Frequently Asked Questions (FAQs) No. 2 of 2020 on 19th June 2020, provided further clarifications on Circular Nos. 4, 5 and 6 issued to Licensed Commercial Banks, Licensed Specialized Banks (LSBs), Licensed Finance Companies and Specialized Leasing Companies (Financial institutions) on