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“We are much more independent and autonomous than most central banks”
Set Aung, deputy governor at Central Bank of Myanmar, discusses the central bank’s bid to rapidly advance the local banking industry and capital market.

Oct 07, 2013 | Foo Boon Ping

Myanmar’s financial services sector is poised for further liberalisation after the new civilian government took office in April 2011, with a slate of fundamental reforms at the central bank and new rules for financial institutions being introduced. At Sibos 2013, deputy governor of the Central Bank of Myanmar (CBM), Set Aung, had the opportunity to give the banking community and media gathered in Dubai a firsthand account of the changes taking place.

 

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Categories: Capital & Strategic Issues, Exchanges, Markets & Exchanges, Regulation, Risk and Regulation
Keywords: Sibos 2013, Central Bank of Myanmar, Set Aung, Kyaw Kyaw Maung, MPU, IMF, Myanmar Banking Association
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