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CBSL identifies TM App as prohibited pyramid scheme - Sri Lanka Mirror

Lanka Hit News • Aug 6, 2026 · 3mo ago • 1 min read
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The Central Bank of Sri Lanka has conducted an investigation, ascertained and determined that “TM 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 :

Sri Lanka Mirror © 2026. All rights reserved.

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