Myanmar Stays on the FATF Blacklist, and the Deadline Has Moved to February 2027

The Financial Action Task Force (FATF) kept Myanmar on its list of high-risk jurisdictions subject to a “call for action” when it issued its statement on 30 October 2026 at the plenary in Paris. According to the US Treasury’s FinCEN release of 30 October 2026, the FATF “also updated its public statement on Burma and … Read more

Yangon Parking Fees Return on 1 November: Years of “Smart Parking” Promises, and Still No Word on How You Pay

Parking fees will be introduced in downtown Yangon from 1 November 2026, according to the Yangon Region Government, as reported by Eleven Media on 30 October 2026. The report gives a price, hours, an area and a structure. It does not mention any app, mobile payment option or other way for drivers to pay. For … Read more

TollPass on the Yangon-Mandalay Expressway: Three Weeks In, the Cash-Only Start Is Still the Story

On 17 September 2026, a new prepaid RFID toll system called TollPass began selling and installing stickers on the Yangon-Mandalay Expressway, replacing the older Ez Go electronic toll system. Eleven Media Group, citing the Expressway Maintenance, Repair and Supervision Team, reported the plan on 17 September, and One News Myanmar, citing the Ministry of Construction, … Read more

KBZ Bank and AYA Bank Were Both Named on Ransomware Leak Sites in 2026 — Here’s What’s Actually Confirmed

Over a roughly three-month span in 2026, two of Myanmar’s largest private banks each turned up on a criminal extortion group’s leak site. In June, the group LAPSUS$ claimed to have stolen more than 120GB of data from AYA Bank and threatened to publish it unless a ransom was paid by July 8, according to … Read more

Myanmar’s Central Bank Reportedly Orders Banks to Block K-Pay, Wave Money and Other Payment Apps From Working Overseas

Myanmar’s central bank has instructed local banks and mobile payment operators to introduce technical restrictions that would prevent apps such as K-Pay, Wave Money, AYA Pay and CB Pay from being accessed outside the country, according to a report published by MoeMaKa on August 28, 2026. The restrictions are reported to have been set to … Read more