Thai Financial Landscape
Hire Purchase and Leasing
The (Draft) Royal Decree Prescribing Certain Types of Financial Business to be Subject to the Financial Institution Business Act B.E. 2551 B.E. … (hereinafter referred to as the “(Draft) Royal Decree”) aims to regulate hire purchase and leasing of cars and motorcycles that are conducted in the ordinary course of business, in response to the absence of specific laws and supervisory agencies concerning economic and financial stability and consumer protection.