20.02.2023 - 24.02.2023 A Tate Papers A Pine (2)

financial institutions; Money invested in all non-financial businesses and professional professions; Daw Than Than Swe, Chairman of the Central Bank of Myanmar, said that it is necessary to take serious action to ensure that money laundering perpetrators are not involved in capital.

Banks non-bank financial institutions; mobile financial services; Companies engaged in collection and clearing services on behalf of the seller and foreign money transfer business licensees. Major shareholders with major interests in foreign exchange trading businesses; Directors of the company; An awareness raising meeting was held on February 16 at the Central Bank of Myanmar (Rangoon Branch) for officials and related parties to learn more about the Fit & Proper guidelines issued by the Central Bank of Myanmar.

At the meeting, the Chairman of the Central Bank of Myanmar, Daw Than Than Swe, said that under the guidance of the state, the processes of combating money laundering and the financing of terrorism are being implemented in cooperation with the departments and the private sector in various sectors.

The eligibility criteria for banks and non-bank financial institutions that will be discussed now. The directives deal with offenders and proceeds of crime within financial institutions. It is a preventive plan to prevent the entry of property and benefits.

financial institutions; Money invested in all non-financial businesses and professional professions; There is a need to take serious action to prevent money laundering perpetrators from participating in capital, and to take serious action on the person who communicates. He said that there is a need to increase preventive measures including reporting.

After that, the officials bank and non-bank financial institutions. Overseas remittance business operators Foreign currency exchange business, Mobile financial services and bank-led mobile banking services for joint ventures and vendors for collection and clearing services; and Monitoring and inspection in accordance with instructions; It is said that if the field inspection plans are not followed properly, action will be taken in accordance with the legal rules and procedures.