Showing 1 - 10 of 3,078
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.
An 'inconvenient truth' about money laundering
Business, Jarek Jakubcek, Published on 20/10/2022
» The cryptocurrency industry is far from perfect, but it has grown by leaps and bounds over the past three years. Crypto is a completely new innovation. And just like many regulators and policymakers, we in the industry are still working through what an appropriate regulatory framework should look like.
Finansia X rejects money laundering claim
Business, Published on 15/11/2025
» The SET-listed investment bank Finansia X (FSX) has denied allegations that the company and its executives are linked to a money laundering network, saying such media reports are false.
Is USDT used for money laundering?
Business, Nuntawun Polkuamdee, Published on 09/11/2024
» At the peak of investigations into iCon Group's alleged fraud late last month, the Anti-Money Laundering Office checked the money trail of 247 million USDT, a cryptocurrency, worth more than 8 billion baht, suspecting the direct sales firm laundered funds through the popular stablecoin.
SEC issues laundering alert
Business, NUNTAWUN POLKUAMDEE and Wichit Chantanusornsiri, Published on 30/10/2024
» The Securities and Exchange Commission (SEC) has issued a directive to digital asset operators under its supervision, urging them to file suspicious transaction reports to combat money laundering.
SEC launches crackdown on laundering, scammers
Business, Nuntawun Polkuamdee, Published on 24/11/2025
» The Securities and Exchange Commission (SEC) is stepping up enforcement and expanding proactive safeguards to ensure Thailand's capital market and digital asset ecosystem do not become channels for money laundering or technology-driven crimes.
Right on the money
Business, Somruedi Banchongduang, Pathom Sangwongwanich & Oranan Paweewun, Published on 20/03/2020
» Cash payment growth in Thailand is expected to shrink in the coming years as digital payment transactions expand exponentially, says Bank of Thailand governor Veerathai Santiprabhob.
SEC steps up laundering probe of listed firms
Business, Nuntawun Polkuamdee, Published on 05/12/2025
» The Securities and Exchange Commission (SEC) has ramped up its investigations into suspected money laundering links among listed firms in Thailand, seeking to tighten its regulatory powers.
BoT chief surveys money landscape
Business, Somruedi Banchongduang, Oranan Paweewun and Srisamorn Phoosuphanusorn, Published on 06/12/2018
» The Bank of Thailand has adopted a series of measures over the past few years to block threats to financial stability amid loose monetary policy for an extended period. Governor Veerathai Santiprabhob, however, still sees some areas of concern.
Money changers explore related services
Business, Somruedi Banchongduang, Published on 19/01/2021
» Money changer companies are exploring new foreign exchange-related businesses to seek new income sources after their businesses have been drastically affected by the pandemic.