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The Department of Business Development targets 50,000 suspect firms, introducing strict financial checks to eliminate illicit Thai nominee shareholders
Thailand launches 23-agency drive against nominee firms and grey capital
WEDNESDAY, APRIL 29, 2026
The government has signed an MOU with 23 agencies to link data, monitor suspicious businesses and stop nominee firms and grey capital from using Thailand as a base for economic crime.
Thai Government to Reform Foreign Business Act to Combat "Proxy" Investment
SATURDAY, APRIL 18, 2026
The Ministry of Commerce moves to close 20-year-old regulatory gaps, targeting complex shareholding structures and introducing harsher criminal penalties