Acting NBTC chief targets fraudulent calling networks after detecting millions of suspicious calls from border areas and Bangkok.

The Bank of Thailand (BOT) is stepping up its crackdown on grey capital and illicit funds, citing the lack of visibility over these flows as a factor behind recent baht appreciation. New rules will require financial institutions to report certain “unusual transactions” directly to the central bank, in addition to AMLO reporting, allowing regulators to track money trails more effectively.