Friday May 9 2014

News Source: Global Exchanges

Focus: Other

Type: General




The Financial Services Agency and the Bank of Thailand signed the Exchange of Letters for Cooperation (EOL) on May 9, 2014.

The EOL provides a formal basis for ongoing cooperation between the two authorities in sound financial regulatory mechanisms, particularly, financial administration, financing for small and medium-sized enterprises (SMEs), and reference rate reform. Additionally, both authorities may extend the cooperation to cover other mutually agreeable areas.

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