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.
May 9, 2022The BOT has issued guidelines on how firms should charge interest, service fees and penalties for financial products and services.
April 6, 2022Non‑major Australian banks are being given an additional three months to commence sharing of joint account data.
April 5, 2022The BOT will publish a virtual bank licensing framework by Q2 2022, and directions on its open banking policy in Q3 2022.
March 30, 2022The review will explore the extent to which implementation of the CDR drives value for consumers, increases competition, and drives innovation in data services.
February 16, 2022The BOT will introduce virtual bank licences, relax fintech investment limits for banks, promote open data, and establish TCFD aligned disclosure standards.
February 7, 2022The government will assess which datasets to prioritise across the non-bank lending, merchant acquirer, superannuation and insurance sectors.
February 4, 2022New guidance urges banks and insurers to "vigorously promote" digital financial services and further develop their data and technology capabilities.
January 31, 2022On Wednesday, 33 firms started offering MyData services, enabling consumers to centralise management of their data from different institutions.
January 6, 2022Action initiation functionality will be applied first in the banking sector to enable the development of new, competitive and consumer-focused payment services.
December 23, 2021