Regulatory Alerts2021-10-03
Central Bank of Myanmar Notification No. 35/2021
The Central Bank of Myanmar issued Notification No. 35/2021 to mandate quarterly reporting and compliance requirements for all licensed Authorized Dealers under the Union Economic and Monetary Law. The directive requires these financial institutions to submit specified financial statements, foreign exchange reports, and loan documentation within thirty days following the end of each quarter. This regulation supersedes Notification No. 33/2021 and takes immediate effect, establishing standardized submission timelines to ensure consistent regulatory oversight.
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