Thailand Enacts Comprehensive Legislation to Combat Technology-Related Crimes : About Fraud

On April 13, 2025, Thailand officially implemented the Emergency Decree on Measures for the Prevention and Suppression of Technology Crimes (No. 2), B.E. 2568 (2025). This legislation establishes a comprehensive framework aimed at tackling the rising threat of online scams and cyber fraud. It emphasizes shared responsibility among financial institutions, telecommunications providers, digital platforms, and users, fostering a collaborative approach to cybersecurity.

Key Provisions of the Decree

• Shared Liability Framework:
  The decree mandates that banks, telecom operators, digital wallet providers, and social media platforms are collectively responsible for losses resulting from scams. Courts will evaluate each party’s negligence to determine liability, encouraging proactive measures across sectors.
• Bank Obligations:
  Financial institutions are required to promptly report suspicious transactions and freeze accounts involved in potential scams. Non-compliance can result in fines of up to 500,000 THB (approximately $14,900 USD) and possible imprisonment for responsible personnel.
• Telecom Responsibilities:
  Telecom providers must actively block fraudulent communications, including scam calls and SMS messages. They are also tasked with ensuring proper registration of mobile subscribers to prevent misuse and facilitate traceability.
• Digital Wallet and E-Money Regulations:
  Service providers in the digital wallet and e-money sectors must implement stringent Know Your Customer (KYC) procedures and continuously monitor transactions to identify and prevent fraudulent activities.
• Penalties for Mule Accounts:
  Individuals operating “mule accounts”—bank accounts used to launder scam proceeds—face increased penalties, including substantial fines and imprisonment, to deter money laundering.
• Victim Compensation Fund:
  A dedicated fund has been established to provide prompt financial assistance to scam victims, reducing the need for lengthy legal processes and aiding recovery efforts.

Establishment of the Anti-Tech Crime Center (AMTO)

To streamline anti-cybercrime efforts, Thailand has launched the Anti-Tech Crime Center (AMTO). This centralized agency facilitates real-time information sharing among banks, telecom operators, regulatory bodies, and law enforcement. Its role is to enhance the nation’s capacity to detect, prevent, and respond swiftly to emerging cyber threats.

Broader Implications

This legislation marks a significant shift from individual to collective responsibility in combating online scams. By holding multiple stakeholders accountable, Thailand aims to create a safer digital environment for all users. The model underscores the importance of cross-sector collaboration, which may serve as a blueprint for other nations facing similar cybersecurity challenges.

As cybercriminal tactics become increasingly sophisticated—such as AI-generated deepfakes and social engineering—the Thai government’s proactive stance highlights the critical need for integrated efforts across sectors. Strengthening cybersecurity defenses and fostering cooperation will be essential in safeguarding digital ecosystems.

For Organizations Operating in Thailand

Compliance with these new regulations is vital. Businesses should consider implementing advanced fraud detection systems, enhancing customer verification protocols, and fostering collaboration with regulatory and law enforcement agencies. These steps will be crucial in aligning with Thailand’s strengthened cybersecurity framework and protecting both their assets and their customers.

Sources:

https://en.vietnamplus.vn/thailand-enacts-new-law-to-combat-fraud-post313363.vnp

https://moneyandbanking.co.th/en/2025/170451

https://thailand.prd.go.th/en/content/category/detail/id/52/iid/359975

https://www.nationthailand.com/business/economy/40046289