included: Revenue Code Amendment Act (No. 48) B.E. 2562 (2019) This law, effective March 21, 2019, stipulates that financial institutions, specialized financial institutions and e-money service providers
period of one year from the publication date, i.e., May 28, 2020, to allow for the establishment of agencies responsible for enforcement of the law. 10. Revenue Code Amendment Act (No. 52) B.E. 2562 (2019
”, AEON cardholders register via SMS or AEON Thai Mobile Application or website in order to redeem the premiums and vouchers, and also launched promotion for customers who apply AEON card via online channel
interest income is also expected to maintain positive momentum in the final quarter of this year, which would somewhat cushion the negative impact of reduced online transaction fees which have affected non
gradual impacts of reduced fees on online transactions. Commercial banks will also have to contend with the implementation of the Basel III capital requirements in 2019 and the International Financial
General Meeting of Shareholders Organizing training and evaluation of employees’ knowledge of compliance with the Code of Conduct and Anti-Corruption Policy via the KBank e-Learning system Holding a
and medium-sized enterprises (SMEs), are having to brace for regulatory changes as well. These include the single-account scheme, taxation of funds transfer for online purchase, and a land and building
, including Thailand, going forward. Market Risk in Trading Book Activities KBank’s trading activities are exposed to interest rate, foreign exchange, equity risks and credit spreads. Moreover, KBank has
Baht deposit account. To accommodate these changes, KBank has already put in place necessary operational procedures. Execution Proceedings Adjustment Act Amending the Civil Procedure Code (No. 30), B.E
governance and regulatory requirements for new directors and executives Undertaking continued training and evaluation of employees’ knowledge of compliance with the Code of Conduct and Anti-Corruption Policy