US Country Reports on Terrorism released on September 19 said Sri Lanka remained vulnerable to money laundering and terrorist financing although it is neither an important regional financial centre nor a preferred centre for money laundering, reports Daily Mirror. According to the report which was, Sri Lanka belongs to the Asia Pacific Group on Money Laundering, a Financial Action Task Force (FATF)-style regional body. The FATF has added Sri Lanka to its Public Statement entitled “Improving Global AML/CFT Compliance: On-going process,” also known as the “grey list.” “Sri Lanka agreed to an action plan to address several vulnerabilities, including improving mutual legal assistance, issuing customer due diligence rules for designated non-financial businesses and persons, and enhancing risk-based supervision,” the report said.