Mr. Sisira Jayasekara | Banking | Research Excellence Award

Additional Director | Central Bank of Sri Lanka | Sri Lanka

Mr. Sisira Jayasekara is an independent researcher whose scholarly work has substantially advanced global understanding of anti-money laundering and countering the financing of terrorism. His research critically evaluates the effectiveness of risk-based frameworks, the practical impact of FATF recommendations, and the institutional mechanisms that influence compliance within financial systems. By introducing innovative perspectives, including the application of agency theory to AML/CFT, he has contributed new conceptual clarity to policy discourse and regulatory implementation. His publications appear in reputable indexed journals and address the complexities of financial integrity, institutional governance, and regulatory efficiency in evolving global financial landscapes. Beyond AML/CFT, his work explores value information and its role in shaping the performance of financial institutions, offering insights that bridge accounting, economics, and regulatory science. Professionally, he has held progressive leadership and analytical roles within financial oversight, financial intelligence, bank supervision, accounting, auditing, and large-scale public sector financial management. These positions have strengthened his expertise in evaluating institutional risks, designing supervisory approaches, and enhancing compliance cultures across diverse financial environments. His multidisciplinary training in accountancy, management, law, finance, and professional accounting enriches his holistic research perspective, enabling him to integrate theoretical rigor with practical regulatory experience. Mr. Jayasekara continues to contribute to knowledge creation in AML/CFT, financial sector governance, and institutional performance through evidence-based analysis, conceptual innovation, and a consistent commitment to strengthening global financial security.

Profiles: Scopus | Orcid | Google Scholar

Featured Publication

Jayasekara, S. D. (2021). Deficient regimes of anti-money laundering and countering the financing of terrorism: Agenda of digital banking and financial inclusion. Journal of Money Laundering Control, 24(1), 150–162.

Jayasekara, S. D. (2014). Determinants of foreign direct investment in Sri Lanka. Journal of the University of Ruhuna, 2(1–2).

Jayasekara, S. D. (2021). How effective are the current global standards in combating money laundering and terrorist financing? Journal of Money Laundering Control, 24(2), 257–267.

Jayasekara, S. D. (2018). Challenges of implementing an effective risk-based supervision on anti-money laundering and countering the financing of terrorism under the 2013 FATF methodology. Journal of Money Laundering Control, 21(4), 601–615.

Jayasekara, S. D. (2022). Administrative model of financial intelligence units: An analysis of effectiveness of the AML/CFT regime. Journal of Money Laundering Control, 25(3), 511–525.