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Technology
Finance

MAS and Bank of Thailand Sign MoU on Cybersecurity Cooperation and Digital Fraud Protection

Monetary Authority of Singapore
Singapore
Published Jul 24, 2026

Summary

MAS Managing Director Chia Der Jiun and Bank of Thailand Governor Vitai Ratanakorn signed a memorandum of understanding on 24 July 2026, during BOT's visit for the EMEAP Governors' Meeting, to jointly address cyber threats and digital fraud affecting both countries' financial sectors. The MoU covers three pillars: intelligence exchange on regulatory updates and threat data, joint capacity-building and staff training, and coordinated cross-border cybersecurity drills and crisis management exercises.

Key Changes

  • Formalises MAS-Bank of Thailand cooperation on cybersecurity and digital fraud
  • Covers intelligence exchange of incident reports and threat intelligence
  • Provides for joint training programmes and staff exchanges
  • Establishes coordinated cross-border cybersecurity drills and crisis exercises

Affected Industries

Banking
Cross-border Payments
Financial Market Infrastructure

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