ESG / Sustainability

Thailand Needs Government Intervention to Achieve Net-zero

25/11/2021

Market forces alone will not be sufficient for Thailand to tackle carbon emissions and achieve net-zero, says Pongnut Thanaboonchai.

BOT Directs Banks to Halt Pressure Sales of Insurance

22/11/2021

The BOT has instructed banks to control the quality of their insurance sale practices, saying it is ready to implement “more intense” regulatory measures.

Market Infrastructure

BOT Sets Milestones for Reducing THBFIX Exposure in Derivatives

17/11/2021

By mid-2022, the total notional outstanding of THBFIX derivatives maturing after 2025 should be reduced by 50 percent compared to end-June 2021 figures.

Capital / Liquidity

Thailand Relaxes Policy on Bank Dividend Payments

16/11/2021

Banks will no longer be required to cap their dividends at the previous year’s payout ratio. However, they will still have a limit set at 50 percent of 2021 net profit.

Securities / Derivatives

Thai SEC Consults on Three-tiered Investments by Funds

21/10/2021

The SEC is consulting on whether to allow mutual funds to make three-tiered investments in funds under the same company’s management.

Thai SEC to Collaborate with Environmental Organisations  

20/10/2021

The collaboration will aim to promote good governance, while encouraging businesses to take into account social and environmental considerations.

AML / KYC

UPDATED – BOT Calms Nerves Amid Large Scale Bank Card Fraud  

18/10/2021

More than 10,000 card holders have experienced unatuthorised transactions on credit and debit cards issued by several Thai banks.

BOT Issues Guidelines for Banks on Fair Lending

08/10/2021

The BOT sets out six steps for ensuring equitable lending practices, from the development of lending products to the sale of debts to other creditors.

BOT Set to Cap Interest Rates on Consolidated Debt

06/10/2021

New guidelines will cap the interest lenders can charge borrowers who consolidate debt owed to multiple lenders within the same group.