All posts tagged "Aung San Suu Kyi"
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557AML / KYCMyanmar Govt Charges Ex-Central Bank Official with Corruption
Former CBM deputy governor U Bo Bo Nge is being charged by the military government on allegations that caused losses to the government.
May 17, 2022 -
437Asia-PacificMyanmar Exempts Foreign Firms from FX Conversion Rule
An order requiring all foreign currency held in bank accounts to be converted into local currency will not apply to businesses in special economic zones and most other foreigners.
April 27, 2022 -
432Asia-Pacific
Central Bank Official Shot as Myanmar Imposes New FX Controls
The shooting came days after an order requiring all foreign currency held in bank accounts to be converted to kyats. New limits are also being imposed on international cards issued by domestic banks.
April 11, 2022 -
607Asia-Pacific
Myanmar Military Government Seeks to Launch Digital Currency
Myanmar's military regime is reportedly considering issuing a digital currency as a joint venture with local companies.
February 8, 2022 -
622AML / KYCNew Sanctions Imposed Against Myanmar Officials
US and Singapore officials have reportedly met to discuss ways to limit Myanmar's military from accessing financial assets overseas.
February 4, 2022 -
966Asia-Pacific
Myanmar to Ban Crypto Under New Cybersecurity Law
Under the proposed law, using cryptocurrency may lead to imprisonment of 6-12 months in prison or fines up to USD 2800.
January 28, 2022 -
676AML / KYCParallel Myanmar Government Recognises Tether as Official Currency
The pro-democracy National Unity Government has reportedly begun using Tether as a proxy for the US dollar to raise funds for a campaign to topple the military regime.
December 14, 2021 -
314AML / KYC
US, UK, Canada Announce Fresh Sanctions Against Myanmar
The latest sanctions actions cite attacks and human rights violations against the people of Myanmar, including the killing of children.
May 19, 2021 -
715Asia-Pacific
Myanmar Military Threatens to Confiscate Bank Assets
Commercial banks have been ordered to resume full operations, or else transfer deposit accounts to state- or military-owned banks.
March 19, 2021 -
554AML / KYCOFAC Sanctions Adult Children of Myanmar Military Leader
The two adult children of the commander-in-chief of Myanmar’s military, Min Aung Hlaing, and six of their companies, have been designated by OFAC.
March 12, 2021
