Bill to amend Terrorist Financing law to include new powers, widen net View(s):The government has gazetted the Convention on the Suppression of Terrorist Financing (Amendment) Bill of 2026, which broadens the scope of offences, introduces new investigative powers, and updates the management of seized assets. The law now applies to offences committed wholly or partly outside Sri Lanka if they are directed toward carrying out a terrorist act in Sri Lanka, against a Lankan citizen, or against a Sri Lanka government facility, or if they attempt to compel the Sri Lanka government to act or abstain from acting. It criminalises organising, directing others, or participating as an accomplice in terrorist financing. The bill permits the Sri Lanka Police to establish joint investigation teams with other authorities, locally or internationally, for specific periods. 25 of 2002 shall apply for providing assistance between Sri Lanka and other countries or organisations regarding investigations, prosecutions, and forfeitures under the Act.

Source: Sunday Times March 21, 2026 19:44 UTC