Act 2018 status not recorded
Law on the Bank of the Lao PDR (Amended) No. 47/NA
Issued by Bank of the Lao PDR
Plain-English summary
Sets out the rights and duties of the Bank of the Lao PDR. Art. 9 includes issuing regulations and licensing financial, banking, payment and foreign exchange businesses, Art. 10(8) requires it to supervise and inspect financial institutions and Art. 53 covers supervision of the payment system. Adopted 19 June 2018 and promulgated by Presidential Decree No. 206/P of 3 August 2018.
Who it applies to
Banking · NBFC / Non-bank Lending · Payments & Fintech
Topics
Prudential & Capital Payments & Fintech / Digital Assets
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