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Thailand seeks public consultation on AI risk guidelines for financial sector

( June 12, 2025, 04:02 GMT | Official Statement) -- MLex Summary: The Bank of Thailand has released draft guidelines on artificial intelligence risk management for financial-services providers, with public comments accepted until June 30, 2025. The proposed rules aim to align AI oversight with global best practices and will apply to institutions regulated under Thailand’s Financial Institution Business Act and Payment Systems Act. The draft outlines governance requirements, including AI usage policies and board-level oversight, and mandates risk controls across the AI lifecycle. These cover data integrity, model reliability, cybersecurity and transparency, particularly for generative AI. The framework emphasizes fairness, ethics, accountability and transparency in AI deployment across financial services. The submission form can be downloaded via: https://www.bot.or.th/th/laws-and-rules/public-hearing/public-hearing-20250612.html The full draft is attached....

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