On 16 November 2022, the Internal Revenue Department (“IRD”) issued Public Ruling 3/2022, which...
Business Implications of FATF Blacklisting of Myanmar
The global Financial Action Task Force (“FATF”) on 21 October 2022 placed Myanmar in...
DFDL Myanmar Alert: New Organization Registration Law Enacted
New Organization Registration Law Enacted On 28 October 2022, the State Administration Council (“SAC”)...
Central Bank of Myanmar Allows Fuel Import Repayments in Chinese Yuan
On 30 September 2022, the Foreign Exchange Supervisory Committee (“FESC”) of the Central Bank...
DFDL Myanmar Alert: Competition Commission’s Advertising Guidelines
On 25 March 2020, the Myanmar Competition Commission issued Directive No. 2/2020 under Section...
DFDL Myanmar Alert: Microfinance Supervision Committee Issues Anti-Money Laundering Guidelines for MFIs
On 13 September 2022, the Microfinance Supervision Committee ("Committee") under the Ministry of Planning...