Foreign private banks are facing growing regulatory restrictions in Thailand, as authorities crack down on unlicensed investment-related activities amid rising interest in offshore products, prompting Asian Private Banker to investigate the situation further. Last September, the Securities and Exchange Commission (SEC) issued a statement outlining new guidelines for foreign firms offering investment services to Thai investors, aiming to enhance Thailand’s status…
No licence? No card. Thailand gets tough on foreign private banks

Offshore Thailand RMs take caution, handing out business cards without proper licensing could breach the rules. AI generated
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