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Thai capital market to cooperate against investment fraud
The Stock Exchange of Thailand (SET) has announced a collaboration with various entities in the capital market sector, business organizations, and government agencies to fight against investment fraud.
The collaboration aims to exchange information, detect fake news, and raise public awareness about investment scams.
Key Takeaways
- The Stock Exchange of Thailand and various entities in the capital market sector have formed a collaborative initiative to fight against investment fraud and educate the public about scams.
- The initiative aims to exchange information, detect fake news, and provide knowledge to build immunity among investors and the public to prevent them from falling victim to scammers.
- The collaboration includes government agencies, business organizations, and industry experts who will work together to develop efficient processes to stop fraudulent investment cases and protect individuals from financial and investment fraud.
The initiative includes seminars with guest speakers, as well as the integration of operating systems among the capital market sector and government agencies to stop fraudulent investment cases more efficiently.
The Securities and Exchange Commission (SEC), the Thai Bankers’ Association (TBA), and other organizations are part of this collaboration. The public is encouraged to check and share any unrealistic investment invitations and to verify the legitimacy of organizations and individuals before investing.
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