Thailand to Strengthen Anti-Money Laundering Laws, Close 1942 Legal Loopholes for OECD Membership
Thai House Committee Chairman Juti Krairiksh highlighted that outdated laws from 1942 are being exploited for money laundering and scams. Amendments and stricter penalties are planned to meet OECD anti-money laundering evaluation standards by June 2027, aiming to restore international trust.
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