Regulatory Alerts2022-01-31
Central Bank of Myanmar Foreign Exchange Management Regulations (2014, Revised 2022)
The Central Bank of Myanmar has issued revised Foreign Exchange Management Regulations to standardize foreign currency operations for licensed dealers. These rules mandate strict document verification, accurate record-keeping, and the maintenance of specified foreign currency balances for domestic and overseas accounts. The framework governs ordinary transactions including imports, exports, services, travel, and education while establishing clear reporting procedures and compliance limits.
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