Central bank seeks to ensure fairer feesVisitors browse financial services provided by banks during the Money Expo at Bitec. The Bank of Thailand will begin random checks of the fees charged by financial institutions in mid-2020. Proper fee charges will be the central bank's focus in 2020, said Thanyanit Niyomkarn, assistant governor for supervision group 2. The central bank will give financial institutions some time to comply with the guidelines before making random inspections of fees in the middle of 2020. The central bank aims to expand market conduct supervision to cover specialised financial institutions and non-finance service providers next year.

Source: Bangkok Post December 03, 2019 22:52 UTC