Central Bank Law
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The Central Bank of Myanmar Law was enacted by the Pyidaungsu Hluttaw ( Pyidaungsu Hluttaw Law No.16/2013) on 11 July, 2013
There are 18 Chapters in the Central Bank of Myanmar Law.
They are:
- Title and Definition
- Establishment, Aim and Objective
- Organization and Management
- Capital and Profit Allocation
- Accountability and Transparency
- Functions and Powers of the Central Bank
- Maintaining Monetary stability
- Foreign Exchange and International Reserves Management
- Issuance of Currency
- Maintaining Financial System Stability
- Oversight of the Money Market and Foreign Exchange Market
- Oversight of Payment and Settlement System
- Lender of Last Resort
- Relation with Government on Financial Matters
- Administrative Action
- Prohibitions
- Offence and Penalty
- Miscellaneous
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