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Amendments to Thai banking regulations expected to spur liquidity in financial industry

Recent changes to banking and financial acts will provide a secure and more flexible business environment for Thailand’s corporate and banking segments.

Jan 10, 2013 | Lalitha Sivanesan

The Thai cabinet recently approved changes to two major regulations governing the country’s financial industry – the Bank of Thailand Act and the Financial Institutions Act. The amendments pertain to providing bailout funds in lending to ailing banks and a significant relaxing of lending rules for related parties. The first amendment allows the Financial Institutions Development Fund…

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Categories: Regulation, Risk and Regulation, Thailand
Keywords: Bank of Thailand, Bank of Thailand Act, Financial Institutions Act, Liquidity, Financial Institutions Development Fund, Deposit Protection Agency
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