THE Central Bank of Myanmar organized an awareness-raising campaign on official licences and Anti-Money Laundering and Counter-Financing of Terrorism for the business people who are running hundi services in Tachilek and Muse townships without seeking official licences of the CBM in Nay Pyi Taw yesterday.

During the discussion, CBM Governor Daw Than Than Swe explained the implementations of Anti-Money Laundering and Counter-Financing of Terrorism by the country, the risk of foreign remittances, official hundi licences for Baht-Kyat and Yuan-Kyat programmes in border areas.

Then, officials from the Financial Intelligence Unit and Bureau of Special Investigation reported on the foreign remittance sector and the director of the Foreign Exchange Management Department of the CBM presented foreign remittance licences and work licences for foreign exchange.

The event was attended by deputy governors and officials of the CBM.

MNA

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