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Thailand is working to create a separate agency to issue financial licenses to foreigners

Thailand is working to create a separate agency to issue financial licenses to foreigners

Before this, it is planned to adopt a new law in the area of ​​the financial sector to attract foreign capital and investment in the economy. The bill could be introduced into parliament as early as the end of this year.

The document provides for the creation of a new body – an agency for integrated financial services. The agency will regulate and license foreign companies to operate in Thailand in key financial areas – banking, securities and derivatives markets, digital assets and insurance. He will also work on various services for foreign businesses and deal with tax benefits.

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