On 29th January 2020, the Directorate of Investment and Company Administration (“DICA”) issued its Announcement on striking off companies from the Companies Register due to their failures to file their Annual Returns (AR-Form) with DICA. Companies registered in Myanmar through the Myanmar Companies Online (“MyCO”) system are recommended to check their company statuses in the... Read More

Myanmar Trademark Law 2019 (“MTL”) The MTL establishes a new trademark registration system in line with international standards and practices which will come into force when the President of Myanmar publishes an announcement to that effect (expected within Q1 of 2020) replacing the current system of Declaration of Trademark Ownerships (“DTO”) registration and Cautionary Notices... Read More

On 13th November 2019, the Microfinance Supervisory Committee of the Ministry of Planning and Finance issued its Directive No. 2/2019 on Customer Due Diligence for Anti-Money Laundering and Combatting Financing of Terrorism (“Directive”) for microfinance institutions (“MFIs”) operating in Myanmar to comply.  The MFIs are required to conduct customer due diligence (“CDD”) and they are... Read More

On 3rd December 2019, the Consumer Protection Committee issued its Directive No. 2/2019 on the labeling requirements of the 8 groups of products listed below effective from 16th March 2020. –   Group A: Food products; –   Group B: Household products; –   Group C: Kids products; –   Group D: Telecommunication products; –   Group E: Pharmaceutical and... Read More

The Personal Data Protection Act B.E. 2562 (“PDPA”) requires data portability so that data subjects can obtain their personal data from a Controller in a format usable by another Controller. This is to enhance competition amongst Controllers and to reduce the impact of customer lock-in effects created by non-portable data. Non-rivalrous Nature of Personal DataPersonal... Read More