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  • Article

    Bank's Privilege Not Lost Despite Opponent Obtaining Copies Of Documents In Foreign Proceedings

    The High Court has held that a defendant bank was entitled to maintain privilege over certain documents even though the claimant companies had obtained copies of the documents...
    ThailandFinance and Banking
    Herbert Smith Freehills Kramer LLP
    Herbert Smith Freehills Kramer LLP
  • Article

    Bank Of Thailand Relaxes Rules On Foreign Exchange Transactions

    As the Thai Baht is under pressure due to imbalanced capital flows, thus unusually strong in comparison to foreign currencies, the Ministry of Finance (MOF)
    ThailandFinance and Banking
    Frank Legal & Tax
    Frank Legal & Tax
  • Article

    Thailand Reduces Registration Fees For Sale And Mortgage Of Immovable Properties In 2021

    On January 26, 2021, the Thai government passed a resolution to reduce the government fees that are generally collected for the registration of a sale and mortgage of immovable property.
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Aviation Finance & Leasing Guide 2021

    The guide provides in-depth details on the legal regimes affecting all aspects of aircraft sale and purchase, aircraft and engine leasing, and aircraft debt finance, including sale and lease agreement terms; taxation; ...
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thailand Again Reduces Property Sale And Mortgage Registration Fees

    On April 8, 2025, Thailand passed a resolution to reduce the government fees for registering the sale and mortgage of immovable property. These reductions are outlined in two notifications issued...
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Myanmar Orders Conversion Of Foreign Currency Balances Of Companies With Up To 35% Foreign Ownership

    On July 15, 2022, the Central Bank of Myanmar (CBM) issued Letter No. FE-1/754 instructing banks with authorized dealer (AD) status to inform the CBM of the balances in foreign-currency accounts belonging to Myanmar companies with up to 35% foreign ownership.
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Bank Of Thailand Implements New Responsible Lending Regulations

    On January 31, 2025, the Bank of Thailand (BOT) announced a new Notification re: Responsible Lending, replacing a similar notification from 2023.
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thailand Tightens Qualifications For Payment Service Operators

    The Bank of Thailand has issued new notifications amending regulations for payment businesses that fall under the Payment Systems Act B.E. 2560 (2017) to promote transparency and good governance in the payment industry.
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Bank Of Thailand Introduces Digital Personal Loans

    With technological advancements, business operators are able to access more varieties of data than ever before, and are able to use that data to assess the terms on which loans are provided.
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Bank Of Thailand Further Relaxes Foreign Exchange Controls For Outbound Investments

    The Bank of Thailand (BOT) has amended foreign exchange (FX) controls, as part of its roadmap toward a "new Thai FX ecosystem," to further relax limitations and restrictions on outbound
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Bank Of Thailand Implements New Responsible Lending Regulation

    The Bank of Thailand (BOT) has issued a new notification to sustainably address Thailand's household debt problems by establishing responsible and fair lending requirements...
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    LIBOR, Market Disruption And Loan Loss / Provision Deferral For Balance Sheets

    Kevin Bourque worked for a global asset finance bank for 6 years as head of legal for the largest division in that bank. He is now a Senior Counsel at Hughes Krupica based in Bangkok.
    ThailandFinance and Banking
    Hughes Krupica Consulting
    Hughes Krupica Consulting
  • Article

    Thailand Issues Virtual Bank Supervision Regulation

    On September 12, 2024, the Bank of Thailand (BOT) Notification Re: Virtual Bank Supervision Criteria took effect.
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thailand Launches Public Consultation On Virtual Banks Supervision Notification

    The Bank of Thailand (BOT) has opened a public comment period on their consultation paper titled "Criteria for Supervising Virtual Banks" from March 19, 2024, to April 17, 2024.
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Bank Of Thailand Releases Draft Guidelines For Digital Fraud Management

    The Bank of Thailand (BOT) has published the Draft Guidelines for Digital Fraud Management, which aim to help financial service providers tackle digital fraud and ensure safety and trust in the Thai financial system.
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Bank Of Thailand To Regulate Car And Motorcycle Hire Purchase And Leasing

    The Bank of Thailand (BOT) and the Fiscal Policy Office have drafted a royal decree that will regulate the hire purchase and leasing of cars and motorcycles under the Financial Institution Business Act B.E. 2551 (2008).
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thai Cabinet Advances Draft Amendments To Liberalize Nine Foreign Business Activities

    After several years of policy discussion and continued efforts led by the Ministry of Commerce (MOC) to relax the list of reserved businesses under the Foreign Business Act B.E. 2542 (1999) (FBA)...
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thailand Opens Securities, Derivatives, And Intergroup Financing To Foreign Businesses

    Certain securities, derivatives, and treasury activities in Thailand were opened to foreign investors when Thailand’s Ministry of Commerce published two new ministerial regulations in the Government Gazette on August 28, 2026. The regulations significantly broaden the service activities that foreign-owned businesses may conduct without a license or certificate under the Foreign Business Act B.E. 2542, as amended (FBA).
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thailand Advances Draft On Funding-Source Oversight For Capital Markets Operators

    Thailand’s Securities and Exchange Commission (SEC) has released a detailed draft notification expanding its oversight to cover the funding sources behind major shareholdings in licensed securities...
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins
  • Article

    Thailand Issues Mandatory Guidelines Enhancing Digital Fraud Controls

    The Bank of Thailand (BOT) has released the Guidelines for Digital Fraud Management, which took effect on December 17, 2025, incorporating certain amendments...
    ThailandFinance and Banking
    Tilleke & Gibbins
    Tilleke & Gibbins

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