Thailand's banking, securities, insurance and data protection authorities have signed a supervisory cooperation MoU ahead of the 1 June implementation of the new PDPA.
The BOT is scrapping a $50mn annual limit on lending to unaffiliated companies in foreign countries, as well as limits on purchases of overseas real estate.
Five state banks are asked to grant defer repayments and grant new loans to debtors who are already past due on old debt.
The guidelines will promote transparency, enable investors to make more informed decisions, and reduce the risk of greenwashing, the SEC says.
Under revised guidelines, depository receipt issuers can directly appoint a global custodian or foreign agent to hold overseas securities.
From 1 May, crypto businesses have to submit reports to customers within one day after a transaction is complete, allowing them to view records going back 18 months.
The BOT has issued guidelines on how firms should charge interest, service fees and penalties for financial products and services.
The changes are being made to reduce regulatory burden and minimise duplication of regulations, the SEC said.
The portal will also be used to disseminate information about preventive measures firms can take to reduce the risks and impacts of cyber threats.
The BOT will publish a virtual bank licensing framework by Q2 2022, and directions on its open banking policy in Q3 2022.
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