All posts tagged "BoT"
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285Asia-PacificBOT Prepares Guidance for Banks on Service Fee Calculations
The guidance will cover fees for corporate, SME and retail banking customers, as part of a broader push for fairer fee structures.
February 15, 2020 -
253AML / KYC
BOT Launches Digital Account Opening Tests at Six Banks
Six banks will open online deposit accounts digitally, using facial recognition to verify customer identities against information held in the new National Digital ID platform.
February 7, 2020 -
200Asia-Pacific
BOT Launches Phase Three of ‘Debt Clinic’ Scheme
Phase 3 will expand the scope of covered personal debt to include cases involving a single debtor. The Debt Clinic has so far helped over 3,000 borrowers refinance bad debt.
February 5, 2020 -
268Asia-PacificHKMA, BOT Announce Outcomes of Joint CBDC Research
In 3Q 2019, eight Thai banks and two Hong Kong banks (HSBC and ZA Bank) participated in a THB-HKD cross-border corridor network PoC using a CBDC.
January 23, 2020 -
265Asia-Pacific
Bank of Thailand Relaxes Mortgage Lending Rules
For homes worth more than THB 10 million, first home buyers have to pay a minimum down payment of 10%, compared to 20% earlier.
January 22, 2020 -
523Asia-Pacific
Thailand Developing Foundation for Digital Banking – Report
The efforts are aimed at developing data from non-financial sources, an electronic identification system, and a suitable regulatory framework.
January 14, 2020 -
335Asia-Pacific
BOT Directs Banks to Adopt Fairer Fee Structures
Banks are instructed to lower the interest costs and fees loan prepayments and late repayments, and to adopt grace periods to reduce borrower burdens.
January 9, 2020 -
901Asia-PacificASEAN Regulators Are Shoring Up Climate Safeguards: WWF
In a new report, WWF Singapore says ASEAN financial regulators and banking associations are increasing their expectations on banks to assess and mitigate climate and environmental risk.
December 10, 2019 -
1.3KAsia-PacificExploring APAC’s Emerging Data-Intensive Regulatory Environment
APAC’s data intensive regulatory environment is making it increasingly important for banks to adopt a strategic data framework, say Swati Kothari and Jackielou Imperial at Wolters Kluwer.
November 15, 2019 -
346Asia-PacificSET Launches Interbank Payment System for Securities Transactions
The new system will provide greater convenience for investors, alleviate intermediaries' cash management burden, and mitigate payment risks in the banking system.
November 13, 2019
