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Myanmar update from on the ground: Changes to the Electronic Transactions Law and the impact on financial institutions

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15 March 2021

The amended Electronic Transactions Law (ETL) is one of several legislative changes that have emanated from the recent military takeover in Myanmar. 

These changes affect banks, insurers, providers of payments infrastructure and participants in the financial sector in Myanmar more generally. This bulletin summarises the new legislation and sets out the specific impacts on business.