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Myanmar
2016 (10 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Myanmar Credit Bureau
Company Information
Get to know Myanmar Credit Bureau
Myanmar Credit Bureau Limited (MMCB) was licensed by the Central Bank of Myanmar (CBM) on May 17, 2018, to operate as the nation's sole credit bureau. It was established as a joint venture between members of the Myanmar Banks Association (MBA) and NSP Holdings Pte. Ltd., a subsidiary of Credit Bureau Asia Limited. The company's mission is to support responsible lending and borrowing by providing a centralized platform for financial institutions to share and access reliable credit information, thereby promoting financial stability and inclusion in Myanmar.
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