Mr Nanayakkara Sirisena FFA FIPA

Mr Nanayakkara Sirisena FFA FIPA
Cambridgeshire, United Kingdom

Disciplinary Committee 1 October 2026

Complaint

The IFA alleged that Mr Nanayakkara Sirisena as sole principal and director of KPNS International Ltd is liable to disciplinary action under IFA Bye-law 11.2(c) and/ or (d) in that he failed to provide information and documents in accordance with MLR 2017 Regulation 18, 19, 24, 41 and 66, IFA Public Practice Regulation 7; and has breached subsection R115.1 of the fundamental principle of 'Professional Behaviour' in the Code of Ethics which imposes an obligation on all professional accountants ‘to comply with relevant laws and regulations and avoid any conduct that the accountant knows or should know might discredit the profession’.

Finding 

The Disciplinary Committee found the matters proved. 

Sentencing order

Severe Reprimand, fine of £2,500 and costs of £5,020. In addition, a monitoring review of the Respondent’s firm to be conducted by the Institute within the next six months at the Respondent’s expense. Finally, over the next 36 months, in respect of all new clients the Respondent takes on at KPNS, he must send to the IFA, within 28 days of taking on each client, copies of all documentation required pursuant to all current Money Laundering Regulations.