On Jan. 31, Thai CB adopted FX global code guidelines.
Thai CB accepts FX Global Code guidelines and encourages financial institutions to raise foreign exchange transaction standards to provide fair services and reduce risk.
Over 1,100 central bank financial institutions, investors and other global market participants have already announced their acceptance of the FX global code guidelines.
Effectiveness
Thai CB will only consider foreign exchange transactions with financial market counter parties that have accepted the FX global code guidelines, with effect from 2025.
