National Strategy (3) Against Money Laundering and Financing Terrorism Supervisory Committee holds coordination meeting

The National Strategy (3) Against Money Laundering and Financing Terrorism Supervisory Committee held a coordination meeting via videoconferencing on 25 October.
The meeting was attended by the Committee Chairman Deputy Governor of the Central Bank of Myanmar Daw Than Than Swe and the officials of the Central Committee on Ensuring Smooth Flow of Trade and Goods, Internal Revenue Department, Financial Intelligence Unit, Myanmar Banks Association, UMFCCI, Myanmar Gold Entrepreneurs Association, Gold Entrepreneurs Associations of Yangon and Mandalay regions and Myanmar Real Estate Service Association.
During the meeting, the officials discussed the arrangements to strengthen the reporting system to the Financial Intelligence Unit for the gold and real estate transactions, the maximum amount of cash that can be paid in cash the use of the banking system in the excess of a fixed amount. — MNA