Aim to strike balance between promoting innovation and managing risk by regulating and supervising financial institutions and financial service providers. This would support financial innovation development to meet with the needs of consumers as applicable, and being resilience while maintain overall financial and economic stability.
A well-developed, efficient, and stable financial institution system is thus the key to supporting sustainable economic development.
Thailand Financial Institutions and Financial Service Providers
Financial Institutions and Financial Service Providers play an important role as an intermediary for raising and allocating capital to the real sector of the economy and as a provider of payment and settlement services. A well-developed, efficient, and stable financial institution system is thus the key to supporting sustainable economic development.
Supervision and Regulation of financial institutions and financial service providers focus on principle-based, risk proportionality as well as recovery and resolution.
Read more
The ongoing monitoring of risk and performance of financial institutions and financial service providers, granting permission, and market conduct supervision.
Read MoreFinancial Landscape
To set the direction and framework of the financial sector needs to strike the right balance between promoting innovation and managing risks. Moreover, the financial sector needs to be more flexible in dealing with abrupt changes while maintaining the economy’s resilience on course for sustainable finance.
