Showing 1 - 5 of 5
Thai officials revise nominee inspection strategy
Business, Phusadee Arunmas, Published on 24/04/2025
» The Ministry of Commerce has revised its strategy for inspecting the use of Thai nominees by foreign business operators by targeting six high-risk sectors.
Money laundering regulation revised
Business, Phusadee Arunmas, Published on 09/04/2025
» The Department of Business Development (DBD) and the Anti-Money Laundering Office (Amlo) have amended the Anti-Money Laundering Act of 1999, which empowers authorities to seize and freeze assets linked to both Thai and foreign individuals engaged in nominee businesses and unauthorised foreign operations.
Task force targets phoney corporate registrations
News, Phusadee Arunmas, Published on 05/02/2025
» The Commerce Ministry has formed a special task force to tackle fraudulent corporate registrations and is developing a verification system to authenticate business locations.
State crackdown prepared for foreigners using Thai nominees
Business, Phusadee Arunmas, Published on 16/11/2024
» The Commerce Ministry has drafted a plan to deal with foreign businesses that use Thai nominees to operate in the country.
Glove procurement cases take shape
News, Phusadee Arunmas, Published on 05/05/2023
» The Public Warehouse Organization (PWO) has been working with the National Anti-Corruption Commission (NACC) and Anti-Money Laundering Office (Amlo) to proceed with lawsuits against those involved in corruption in procuring 500 million boxes of rubber gloves worth 112 billion baht in 2020.