Regulatory Alerts2022-04-06
Central Bank of Myanmar Instruction 5-2022 on Foreign Exchange Transactions
The Central Bank of Myanmar issued Instruction 5-2022 to update foreign exchange regulations for Authorized Dealers and Commercial Banks. The directive clarifies operational requirements for foreign currency accounts, inward and outward remittances, and cross-border transactions in alignment with the earlier Instruction 12/2022. All Authorized Dealers and commercial banks must implement these updated guidelines to ensure compliance with national foreign exchange policies.
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