CENTRAL BANK OF MYANMAR

    Market Infrastructure

    Myanmar Allows Local Lending by Foreign Bank Branches

    By Editors | 13/11/2018

    To date, the 13 foreign banks with branches in Myanmar have only been allowed to lend to foreign entities in the country, and only in foreign currencies.

    Securities / Derivatives

    Myanmar Stock Market Starts to Open to Foreign Investors

    By Emma Zhou | 10/07/2018

    Under a new law due to take effect from 1 August, resident foreigners will be able to invest in up to 35% of the share capital of YSX-listed companies.

    Market Infrastructure

    Myanmar Central Bank Pushes for New Moveable Assets Law

    By Garima Chitkara | 15/03/2018

    A moveable asset finance law would enable banks to accept collateral other than real estate such as stock, equipment and receivables.

    Capital / Liquidity

    Myanmar Banks Under Pressure to Rein in Overdraft Lending

    By Editors | 16/02/2018

    Banks say businesses rely on overdraft loans for working capital, particularly during economic weakness.

    Capital / Liquidity

    Myanmar to Open Trade Financing to Foreign Banks

    By Samuel Riding | 22/02/2017

    Overseas banks will not be allowed to offer any other type of service.

    AML / KYC

    Myanmar Clamps Down on Foreign Bank Accounts

    By Samuel Riding | 15/12/2016

    Banks given only 8 days to report foreign accounts held by executives; most held in Singapore.

    AML / KYC

    Myanmar to Issue New Banking Rules

    By Samuel Riding | 17/03/2016

    Regulations to cover bank corporate governance, foreign stakes and AML.

    Securities / Derivatives

    Indonesia Expects Myanmar Banking Deal by Year-End

    By Editors | 18/10/2015

    Indonesia’s Financial Services Authority (OJK) expects to seal a bilateral deal with Myanmar’s banking regulator before the end of the year.

    Securities / Derivatives

    Myanmar Central Bank Releases AML/CTF Guidelines

    By Editors | 05/10/2015

    The Central Bank of Myanmar has published risk management guidelines for anti-money laundering and counter terrorist financing at financial institutions.

    Securities / Derivatives

    Myanmar to Adopt Real-Time Clearing and Settlement

    By Editors | 09/09/2015

    The Central Bank of Myanmar is planning to adopt a real-time gross settlement system for the first time by the end of this year.

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