Thailand New Payment System Law

The Payment System Act (“PSA”) B.E. 2560 was published in the Government Gazette on 16th October 2017. It will become effective on 14th April 2018. The PSA empowers the Ministry of Finance (“MOF”) and the Bank of Thailand (“BOT”) to regulate and supervise the Systemically Important Payment Systems, the Regulated Payment Systems, and the Regulated… Read More

News / 14 Dec 2017