Bank of Thailand Promotes Good Governance and Transparency

In recent discussions with the National Anti-Corruption Commission (NACC) of Thailand, Mrs. Roong Mallikamas, deputy governor of the Bank of Thailand, emphasized the bank's dedication to principles of good governance and transparency to foster confidence across all sectors. She highlighted the central bank's role in ensuring the smooth operation of Thailand's financial and economic systems, underpinned by principles of rightness and the national interest.

Mallikamas stressed the importance of transparent decision-making processes at the Bank of Thailand, mentioning measures to prevent groupthink and ensure checks and balances among various committees. Efforts to create an environment supporting moral principles among employees were also outlined, including offering appropriate remuneration and preventing conflicts of interest.

Despite no historical scandals, the Bank of Thailand has established comprehensive measures to promote transparency and combat corruption, including guidelines for staff and measures to address potential conflicts of interest. The bank's initiatives aim to uphold integrity and prevent corruption by setting clear regulations for employees and committees, reinforcing its commitment to good governance.