Best Securities Lawyers in Myanmar

About Securities Law in Myanmar

Securities law in Myanmar governs the issuance and trading of securities, which are financial instruments representing ownership in a company or the right to receive future cash flows. The Securities and Exchange Commission of Myanmar (SECM) regulates the securities market to ensure investor protection and market integrity.

Why You May Need a Lawyer

You may need a lawyer for securities-related matters such as regulatory compliance, securities offerings, investment disputes, and enforcement actions. A lawyer can help you navigate the complex legal landscape surrounding securities and protect your rights as an investor or issuer.

Local Laws Overview

In Myanmar, the Securities Exchange Law, enacted in 2013, governs the issuance and trading of securities. The law requires companies to register with the SECM before offering securities to the public. Foreign investors are also subject to certain restrictions and must comply with the Foreign Investment Law.

Frequently Asked Questions

1. What is the role of the Securities and Exchange Commission of Myanmar?

The SECM is responsible for regulating the securities market, overseeing the issuance and trading of securities, and protecting investors' interests.

2. Can foreign investors participate in the Myanmar securities market?

Yes, foreign investors can invest in the Myanmar securities market, subject to certain restrictions and compliance with the Foreign Investment Law.

3. What are the requirements for companies to offer securities in Myanmar?

Companies must register with the SECM and comply with the Securities Exchange Law to offer securities to the public.

4. How can investors protect their rights in Myanmar securities transactions?

Investors can engage a lawyer to review investment agreements, conduct due diligence on issuers, and represent them in disputes with brokers or issuers.

5. What are the penalties for securities law violations in Myanmar?

Violations of securities law in Myanmar can result in fines, suspension of trading privileges, or criminal prosecution.

6. How can I file a complaint with the SECM?

You can file a complaint with the SECM by submitting a written complaint detailing the alleged violation of securities law.

7. Are there any restrictions on insider trading in Myanmar?

Yes, insider trading is prohibited in Myanmar, and individuals found guilty of insider trading can face severe penalties.

8. What is the process for listing a company on the Yangon Stock Exchange?

Companies looking to list on the Yangon Stock Exchange must meet certain eligibility criteria and comply with the listing requirements set by the exchange.

9. How can I verify the legitimacy of a securities offering in Myanmar?

You can verify the legitimacy of a securities offering by checking the registration status of the issuer with the SECM and conducting thorough due diligence on the company.

10. Can I engage a foreign lawyer for securities matters in Myanmar?

Yes, you can engage a foreign lawyer for securities matters in Myanmar, but they must work in partnership with a local law firm to provide legal advice on Myanmar law.

Additional Resources

For more information on securities regulations in Myanmar, you can visit the Securities and Exchange Commission of Myanmar's website at www.secm.org.mm.

Next Steps

If you require legal assistance in securities matters in Myanmar, it is advisable to consult with a qualified lawyer who specializes in securities law to guide you through the legal process and protect your interests.