- Thailand’s Finance Minister, Ekniti Nitithanprapas, is leading a new high-level sub-committee to target financial crime and money laundering linked to technology.
- The initiative unites top officials from major agencies, including the Royal Thai Police, the Bank of Thailand, and the Anti-Money Laundering Office, to integrate data and investigate financial trails.
- The committee’s initial goal is to identify systemic loopholes by December and propose measures to elevate Thailand’s anti-money laundering standards to international levels.
Deputy PM Ekniti Nitithanprapas is chairing a powerful sub-committee connecting major agencies to unify anti-money laundering standards and plug systemic loopholes by December.
Thailand’s Deputy Prime Minister and Minister of Finance Ekniti Nitithanprapas has been appointed to lead a high-level sub-committee targeting financial crime and money laundering linked to technology-based offences.
The committee’s mandate, signed off by the Prime Minister, is to rigorously investigate financial trails and elevate Thailand’s anti-money laundering (AML) standards to match international best practice.
The new sub-committee is a formidable assembly of top officials, designed to foster a “Connect the Dots” approach by integrating data and operational efforts across the country’s most powerful regulators and law enforcement bodies.
Source: The Nation Thailand
