Thailand plans new financial business law to attract funds, official says

Published on: Thursday 18 July 2024

Thailand is planning to introduce a new financial business law to attract foreign funds and facilitate investment in the sector, a deputy finance minister said on Friday. The law will create a 'one-stop authority' agency responsible for setting regulations and issuing licenses for key financial areas to support Thailand's aim to become a global financial centre, Paopoom Rojanasakul told a business event. The key areas are the banking sector, securities, derivatives, digital assets, and insurance, he said, and the government would put legislation to parliament later this year.

News source: https://finance.yahoo.com/news/thailand-plans-financial-business-law-073736469.html

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Thailand plans new financial business law to attract funds, official says