Agency to focus on inspections
The Thai Bankers’ Association (TBA) is working to set up the Central Fraud Registry to probe financial fraud in the banking industry.
The registry is under the supervision of National ITMX Ltd (NITMX), a digital payment infrastructure system provider under the TBA.
NITMX will take time to study the new unit’s formation, said TBA chairman Payong Srivanich.
He said the Central Fraud Registry would be a new inspection entity in addition to the existing Thailand Banking Sector Computer Emergency Response Team (TB-CERT), a group of financial institutions under the TBA.
TB-CERT focuses on cybercrimes in the banking industry, while the Central Fraud Registry will concentrate on financial fraud in the banking system, said Mr…
