Legal Blog
Legal Blog
Legal Blog
Myanmar's regulator gives the green light to bancassurance
On March 4th, 2020, the Myanmar Insurance Business Regulatory Board (IBRB) issued Directive No. 02/2020 which allows banks and microfinance institutions to operate as insurance agents, provided they obtain approval from the Central Bank of Myanmar (CBM) ...
Legal Blog
Pay attention to statutory limits in the insurance contract
During the implementation of an insurance contract, policyholders and the insured need to note 3 milestones to properly ensure their rights...
Legal Blog
Regulations on insurance management and supervision fees
On January 3, 2020, the Ministry of Finance issued Circular No. 01/2020/TT-BTC regulating the rate, regime of collection, payment, management, and usage of fees for insurance management and supervision activities. ("Circular 01/2020"), takes effect from February 20th, 2020...
Legal Blog
Government's decree 80/2019/ND-CP on guiding insurance auxiliary matters
The Government has just issued Decree 80/2019/ND-CP amending some articles of the government's Decree no. 73/2016/ND-CP dated July 01, 2016
