5 FAQs About Burma Investment Reporting Requirements

Law360, New York (June 11, 2013, 12:36 PM EDT) -- On May 23, 2013, the U.S. State Department issued final “Responsible Investment Reporting Requirements” for Burma. The long-awaited final rule confirms that U.S. persons will be required to submit: (1) detailed annual reports for new investment in Myanmar exceeding $500,000, parts of which will be made available for public review; and (2) investment notification for any new investment with Myanma Oil and Gas Enterprise (MOGE) pursuant to an agreement or exercise of rights under such an agreement. U.S. businesses and individuals investing directly in Myanmar or...
To view the full article, register now.