14 March 2024
The Central Bank of Myanmar has announced that it has taken further action against a money changer that did not comply with the regulations and instructions issued by the Central Bank of Myanmar.
According to the statement of the Central Bank, the action was taken against Ngee Myinn Phyu Co.,ltd, which has obtained the Money Changer License No. – CBM FEMD-38/2013 granted by the Central Bank on March 6, 2013.
The Central Bank recently made a public announcement that it had made a casual inspection of money changers and had taken action against (4) companies that did not comply with the law.
