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Recent Directives by Central Bank of Myanmar

Recent Directives by Central Bank of Myanmar

April 30, 2019

The Central Bank of Myanmar (the “CBM”) recently published several directives relating to corporate governance aspects of banks’ operation.

Highlights of this note

1. Directive on Fit and Proper Criteria
2. Directive on Directors of Bank
3. Directive on Related Parties


AUTHOR

Surath is a legal advisor in the firm’s Banking & Finance team. He advises international financial institutions, commercial banks and corporate borrowers in projects and inclusive finance transactions. He is registered as an advocate with the Bar Council of Delhi.


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