Thailand set to enforce stricter regulations for opening new bank accounts

Thailand is set to enforce stricter regulations for opening new bank accounts following the closure of over 300,000 mule accounts since November. The initiative, spearheaded by the anti-online scam center AOC 1441 in collaboration with the Bank of Thailand, the Anti-Money Laundering Office (AMLO), and the Securities and Exchange Commission, combats the misuse of banking []