The Supervisory Authority of the Supreme Court of the Union conducted field inspections of eight law firms in the Yangon Region on 27 and 28 July to ensure compliance with AML/CFT (Anti-Money Laundering and Counter Financing of Terrorism) policies and comprehensive internal safeguards.
The field inspection aims to monitor functions of reporting bodies mentioned in the national level strategic vision-3 of anti-money laundering and counter financing of terrorism and improve record keeping systems.
The inspection team was led by U Kyaw Kyaw, Yangon Region Judicial Officer, along with Advocates Council members U Soe Thein and Daw Khin Nu Thar, and financial investigation division members Police Major Ko Ko Lay and Police IP Aung Ko Oo.
Participants in the field inspection included Advocate and Notary Public Daw Yi Yi Tin, U Kyi Nyein Chan of Nishimura & Asahi Myanmar Limited, Daw Myint Thanda Tun of May Hnin Legal Services Limited, Daw Yin May Thein of Yin May Thein & Associates Legal Services Co Ltd, and advocates U Maung Maung Kyaw Linn, U Myint Oo, U Lwin Aung Oo, and Daw Yu Yu Nwe. — TWA/KZL
Supreme Court Supervisory Authority inspects law firms for AML/CFT Compliance
- July 29, 2024
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