Emerging Technology Risk Amid the proliferation of innovative technologies, new business formats have sprung up to accommodate changing customer lifestyles in the digital era. As technological innovations
also creating innovative products and comprehensive services in keeping with changing customer expectations regarding financial services, with ever-greater consideration of consumer protection and
) contains a salient point on amendment to the Bank of Thailand’s limited authority under Financial Institution Business Act B.E. 2551 (2008) to ensure enhanced efficiency in supervising specialized financial
the mechanism for supervising the service industry related to electronic transactions has been streamlined for enhanced clarity and in alignment with digital development for the economy and society
of One” while also creating innovative products and comprehensive services for an excellent experience among all customer groups. In keeping with changing customer expectations, we tailored financial
. Criteria Related to Recovery Plan for Enhanced Stability and Problem-Solving The Bank of Thailand issued Notification of the BOT No. SorNorSor. 16/2561 (2018) Re: Commercial Banks Required to Prepare
, and branch officers who have in-depth understanding of our customers’ businesses and needs. Along with this, we have deployed innovative digital technologies and data analytics for customers’ enhanced
borrowers with good track records, as well as existing low-risk customers. Early warning signs were also developed with the use of transactional data for enhanced efficiency in risk monitoring and portfolio
comply with the Bank of Thailand’s regulations and directions. Early warning signs were developed with the use of transactional data and customer behavioral data for enhanced efficiency in customer risk
enhanced monitoring of and engagement with the investee companies if monitoring pursuant to Principle 3 is considered insufficient. Principle 5: Have a clear policy on exercising voting rights and disclosure