Allowing foreigners to buy stocks is one of the ways Myanmar hopes to bolster its moribund stock market, which after four years still has only five stocks.
Basel IV will narrow the gap between the internal ratings based approach and the standardised approach for calculating risk-weighted assets.
New payments connectivity between the two countries is expected to promote trade, tourism, financial inclusion, and the usage of local currencies in cross-border transactions.
Stock market investment through the credit support package will not count towards the maximum allowed stock market exposure of 25% of capital.
The SBV says the 49% foreign ownership limit proposed last November would hamper foreign investment in payments and fintech, and present difficulties for existing players.
The guidance will cover fees for corporate, SME and retail banking customers, as part of a broader push for fairer fee structures.
The extended transitory period is aimed at ensure continued financing support for public sector initiatives under the 'Build, Build, Build' programme by foreign bank branches.
The prohibition is aimed at preventing related parties from obtaining undue advantage when transacting in debt instruments issued by affiliated banks.
Sonali Bank, Agrani Bank, Janata Bank, Rupali Bank and Bangladesh Development Bank will each have 25% of their shares listed on the stock market by end-October.
The central bank, financial institutions, and companies must assess the impact, and the LIBOR transition should start "immediately", says ICRA Lanka, a Moody's group company.