On 3rd April 2022, the Central Bank of Myanmar (“CBM”) issued the Notification 12/2022 (“Notification”) and the Directive No. 4/2022 (“Directive 4”) on foreign currency conversion.  They came into force on and from 3rd April 2022. On 5th April 2022, the CBM issued the Directive No. 6/2022 (“Directive 6”) to prescribe the procedures for remittance... Read More

Cannabis and hemp have long been recognized by Thai society as medicinal plants with medical and other health benefits, but they have been prescribed by the Narcotics Act B.E. 1979 (2522) (“Narcotics Act”) as category 5 narcotics.  The activities relating to cannabis and hemp in Thailand have been highly regulated until a gradual relaxation of... Read More

Will the full force and effect of the PDPA be postponed again?  The very likely answer is “NO”.  After having been postponed twice in 2020 and 2021, the PDPA has been scheduled to be fully enforced on and from 1st June 2022. Recently some federations of industries and chambers of commerce urged the authorities to... Read More

The Securities and Exchange Commission of Thailand (“SEC”) has recently issued regulations, that will take effect on 1st April 2022, prohibiting all licensed digital asset operators (“Operators”), namely, cryptocurrency and digital token exchanges, brokers, dealers, fund managers and advisors, from supporting or facilitating the use of digital assets for the payment for goods or services. ... Read More

This is an update on the law and the practice of Myanmar in relation to registration of new trademarks and re-filing / re-registration of registered trademarks and used trademarks as of 29th March 2022. New Trademark Registration under the Old Law The owner of a new trademark can register the trademark with the Office for... Read More