Thai central bank targets money flows behind scam networks
The central bank is joining 11 financial-sector groups to tighten checks, share data and trace proceeds from scams, gambling and corruption.
4 Articles
4 Articles
Business Times
The Straits TimesThai central bank targets money flows behind scam networks
Thailand’s central bank is making its broadest push yet to trace and block illicit money flows, targeting the proceeds of scams and other illegal activities that have surged across South-east Asia. Read more at The Business Times.
On September 10, at the Bank of Thailand Learning Center, Mr. Vithai Rattanakorn, Governor of the Bank of Thailand (THPT) Disclosure at work
The Bank of Thailand, in collaboration with 11 financial associations and clubs, is stepping up controls on risky transactions, squeezing illicit money, online gambling, and scams. Witai revealed that in October, controls on cash deposits exceeding 5 million baht will require disclosure of the source. He expressed confidence that the Securities and Exchange Commission (SEC) will successfully issue regulations to control USDT, adding another laye…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
