All posts tagged "BoT"
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101AML / KYCBOT Calms Nerves Amid Large Scale Bank Card Fraud
More than 10,000 card holders have experienced unatuthorised transactions on credit and debit cards issued by several Thai banks.
October 19, 2021 -
147Asia-Pacific
BOT Issues Guidelines for Banks on Fair Lending
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.
October 8, 2021 -
82Asia-Pacific
BOT Set to Cap Interest Rates on Consolidated Debt
New guidelines will cap the interest lenders can charge borrowers who consolidate debt owed to multiple lenders within the same group.
October 7, 2021 -
201Asia-PacificBOT Issues New Data Governance Guidelines for Banks
The guidelines set out a data governance approach that encompasses five aspects, allowing for flexibility to cater to the specific nature of a bank’s operations.
October 4, 2021 -
259Asia-PacificCentral Banks Create Prototype Platform for mCBDC Settlements
The prototype platform was able to complete international transfers and foreign exchange operations in seconds while also lowering the cost of cross-border operations.
September 29, 2021 -
259Asia-PacificRegulatory Relief for Thai Banks to Raise Systemic Risk: S&P
The average NPL ratio at Thai banks will likely rise to 6% next year, the highest level since the 2009 GFC, S&P Global Ratings says.
September 23, 2021 -
221Asia-Pacific
BOT to Embrace Digital Technology in Regulatory Approach
The BOT will promote open data and infrastructure to facilitate SME access to credit. The sandbox rules will also be updated.
September 19, 2021 -
283Asia-PacificMalaysia, Thailand Invite Banks to Become ‘Qualified ASEAN Banks’
The initiative is part of the April 2019 bilateral arrangement between BNM and BOT under the ASEAN Banking Integration Framework.
September 15, 2021 -
145Asia-Pacific
BOT Directs Banks to Prepare for New Data Protection Law
The Thai Bankers’ Association has issued guidelines for banks on handling personal data protection in compliance with the Personal Data Protection Act.
September 3, 2021 -
209Asia-Pacific
BOT Urges Faster Adoption of THOR by Market Participants
The BOT’s issuance of floating rate notes referencing THOR has drawn interest from investors and helped to lower spreads in the OIS market.
September 1, 2021
