4 February 2021
Attorneys from Tilleke & Gibbins’ office in Yangon have contributed the Myanmar chapter to the Foreign Investment Review 2021, a global guide to the legal and regulatory environment for foreign investment in 25 jurisdictions worldwide. Published and distributed by Getting the Deal Through (GTDT), the guide discusses law and policy on oversight of foreign investment, regulatory frameworks, procedural requirements, and other important stipulations for foreign investors.
The Myanmar chapter, which was authored by attorney-at-law Nwe Oo and counsel Ross Taylor, covers the following topics:
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Law and Policy: Government policies and practices, main laws and their scope of application (including details on investment promotional measures), definitions, rules for state-owned enterprises and sovereign wealth funds, relevant authorities and oversight, and national interest provisions.
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Procedure: Jurisdictional thresholds, national interest clearance, securing approval, the review process for competition clearance and associated penalties, involvement of authorities, facilitation of clearance, and post-closing regulatory powers.
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Substantive assessment: Substantive tests for clearance, authorities’ consultation with other countries and other relevant parties, transactional prohibitions and objections, mitigating arrangements and challenges to a decision, and protection of confidential information.
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Recent cases, updates, and trends: Relevant recent case law, key recent and ongoing developments.
The Myanmar chapter is available here as a PDF.
For further information, please contact
Ross Taylor, Tilleke & Gibbins
