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Update on insurance industry

  • Mayer Brown LLP
  • -
  • Myanmar
  • -
  • May 9 2013

Twelve (12) private insurers ("Private Insurers") won licences and have been given conditional approach from the state-owned insurer Myanma Insurance

A summary of major developments in key areas

  • Herbert Smith Freehills LLP
  • -
  • Australia, European Union, Indonesia, Myanmar, United Kingdom
  • -
  • March 7 2013

The Financial Reporting Council (FRC) and institutional bodies have published the following guidance in relation to corporate governance and

Burmese market opened to U.S. investment and financial services

  • Baker & Hostetler LLP
  • -
  • Myanmar, USA
  • -
  • July 13 2012

On July 11, 2012, in an effort to support the Burmese Government's ongoing economic and political reform efforts, and pursuant to the change in U.S. policy towards Burma first expressed by Secretary of State Clinton in May, the U.S. Department of Treasury's Office of Foreign Assets Control (OFAC) substantially removed the preexisting ban on the export of financial services to Burma and on new U.S. investment in Burma

Developments in U.S. sanctions against Burma

  • Bryan Cave LLP
  • -
  • Myanmar, USA
  • -
  • May 18 2012

The President today announced that the United States will ease its prohibitions on the export of financial services to and new investment in Burma

Insurance outsourcing in Asia: the legal and regulatory essentials

  • Freshfields Bruckhaus Deringer LLP
  • -
  • Afghanistan, Armenia, Asia-Pacific, Australia, Azerbaijan, Bangladesh, Bhutan, Burundi, Cambodia, China, Fiji, Hong Kong, India, Indonesia, Japan, Kazakhstan, Kyrgyzstan, Malaysia, Myanmar, Nauru, Nepal, New Zealand, North Korea, Pakistan, Papua New Guinea, Philippines
  • -
  • February 22 2011

Asia's insurance businesses are increasingly looking to outsourcing and offshoring as part of their regional operations strategies