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Thailand forms committee for financial hub



The Finance Ministry is forming a 34-member committee, chaired by Deputy Finance Minister Paopoom Rojanasakul, to develop policies and draft legislation aimed at establishing Thailand as a financial hub. The committee includes representatives from key organisations such as the Bank of Thailand, the Securities and Exchange Commission, and the Anti-Money Laundering Office. The committee’s first meeting is scheduled this week. Paopoom emphasised the need for regulatory frameworks, potential legal amendments, and benefits to promote Thailand as a global financial centre. The focus will be on five sectors: banking, securities, derivatives, digital assets, and insurance, aiming to foster an ecosystem for financial innovation while maintaining financial system stability.

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