2020-03-23

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Central Bank of Myanmar Instruction No. 16/2015 on Authorized Dealer Licence

The Central Bank of Myanmar issued Instruction No. 16/2015 to define licensing requirements and transaction limits for authorized dealers handling foreign exchange. The directive mandates licensed financial institutions to comply with specified cash thresholds of ten thousand and five thousand units while maintaining standardized reporting procedures. Effective July twenty-seventh, two thousand fifteen, the instruction updates previous authorization guidelines and streamlines licensing operations for domestic banking entities.

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Source: Central Bank of Myanmar — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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