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

Date: January 10, 2013
Author: Lalitha Sivanesan
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

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 f...