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Financial Institutions Law (Pyidaungsu Hluttaw Law No. 20, 2016) 1st Waning of Pyatho 1377 ME (January 25, 2016) Financial Institutions Law( Content )No Pages Content Section No. Particular 1. Section 1 Section 2 CHAPTER I TITLE AND DEFINITION 2. Section 3 CHAPTER IIOBJECTIVES 3. Section 4 CHAPTER III ESTABLISHMENT 4. Section 5 Section 6 Section 7 CHAPTER IV GENERAL POWERS AND DUTIES OF THE CENTRAL BANK OF myanmar IN RELATION TO FINANCIAL INSTITUTIONS General Powers Delegation of Powers Cooperation with Regulators 5. Section 8 Section 9 Section 10 Section 11 Section 12 Section 13 Section 14 Section 15 Section 16 Section 17 Section 18 Section 19 CHAPTER V LICENSE Application for License Documents required for Licensing Approval or Rejection of Application Notification by Central Bank Requirement for Licensing Compliance with Terms and Conditions Fees for Banks Revocation of License Decision on Revocation Notification of Revocation of License Alteration of Constituent Documents Scheduled Institutions 6.

(a) State means the Republic of the Union of Myanmar. (b) Financial Institution means banks, non‐bank financial institutions and scheduled institutions. (c) Bank means an entity licensed by the Central Bank under this law to carry on banking business.

  Union, Myanmar, Union of myanmar