<h1>Landmark Anti-Corruption Law Empowers Authorities to Trace, Freeze, and Seize Illicit Assets Linked to Criminal Activities</h1> Sri Lankan Parliament unanimously passed the Proceeds of Crime bill to combat corruption and fraud. The legislation enables authorities to trace, freeze, and seize assets linked to unlawful activities. Government officials stated the law aims to address widespread corruption, with support from opposition parties. The bill aligns with International Monetary Fund governance recommendations and targets previous regime officials accused of financial misconduct.