Royal Decree on Cybercrime 2023: Banks connect data to suspend transactions immediately : PPTVHD36

Royal Decree on Measures for the Prevention and Suppression of Technological Crime B.E. The state can access suspicious information, open a horse account, horse sim, procurement ads are severely punished.

On March 16, 2023, the Royal Gazette published Royal Decree on Measures for the Prevention and Suppression of Technological Crimes B.E. 2566 (2023) His Majesty King Ramathibodi Sri Sinthon Maha Vajiralongkorn Phra Vajiraklao Chao Yu Hua Given on March 9, 2023, being the 8th year of the current reign. Effective the day following the date of announcement in the Royal Gazette (17 Mar. 23)

The Royal Decree on Measures for the Prevention and Suppression of Technological Crimes B.E. 2566 has a total of 14 sections.

Green light for the Royal Decree to deal with online crime Who opened a horse account? Severe imprisonment – hundreds of thousands of fines

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  • In the event that a financial institution or a business operator finds suspicion by itself or receives information from the system that a deposit account or electronic money account is used for transactions related to technological crime; or money laundering offenses to financial institutions or business operators Has a duty to suspend transactions and notify financial institutions or business operators that accept the next transfer. by temporarily suspending that transaction for no more than 7 days from the date that a suspicious cause is found or notified
  • In the event that a financial institution or business operator has been notified by an injured party In connection with a deposit account or electronic money account where transactions are related to technological crime Financial institutions or business operators shall have the duty to temporarily suspend such transactions. along with entering the information into the system for financial institutions and transferee business operators to be informed and suspend such transactions immediately And inform the victim to complain to the investigator at the police station within 72 hours.
  • Whoever is engaged in procuring, or disseminating the news in any way To allow buying, selling, renting or lending of deposit accounts, electronic cards or an electronic money account to be used for crimes relating to technology crimes or any other criminal offenses shall be liable to imprisonment from 2 to 5 years or a fine from 200,000 to 500,000 baht, or both.
  • Whoever is engaged in procuring, or disseminating the news in any way To buy or sell phone numbers for mobile phone services. which has registered users on behalf of any person but cannot identify the service user shall be liable to imprisonment from 2 to 5 years, or to a fine from 200,00 to 500,000 baht, or both.
  • Any person who opens or allows other persons to use a deposit account electronic card or their electronic money account without the intention of using it for themselves or for the business they are involved with or allow another person to use or borrow a telephone number for their mobile phone service, knowing or should have known that it would be used to commit an offense relating to a technology crime. or any other criminal offence. shall be liable to imprisonment for a term not exceeding 3 years or a fine not exceeding 300,000 baht, or both.

Open the “horse account” process, a way to launder money, deceive transfer people, call center gangs

Click to read: Royal Decree on Measures for the Prevention and Suppression of Technological Crimes B.E. 2566

for the reason for the promulgation Where currently, technological methods are used. deceive the general public through various technological devices Until causing people to lose a lot of property and the scammer has transferred the property obtained from such offenses through the deposit account electronic card or another person’s electronic money account in rapid succession in order to conceal or disguise the offence. Each day, honest people are being deceived by many and the damage is very high. and such deception which is an increasing number of offenses It affects a wide population and is extremely dangerous. to the country’s economic system It is an emergency that requires urgent necessity which cannot be avoided. For the benefit of having measures to prevent and suppress such technological crimes to maintain the safety of the country, public safety and stability in the country’s economy

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