Anti-Money Laundering Office (Thailand)

AMLO headquarters, Bangkok

The Anti-Money Laundering Office (AMLO), is Thailand's "...key agency responsible for enforcement of the anti-money laundering and the counter-terrorism financing law."[1]:7 It was founded in 1999 upon the adoption of the Anti-Money Laundering Act, B.E. 2542 (1999) (AMLA).[2] AMLO is an independent governmental agency. It has the status of a department functioning independently and neutrally under the supervision of the minister of justice, but is not part of the justice ministry.[1]:10

As of 30 September 2014, AMLO employed 355 persons, with an additional 44 vacant positions.[1]:21-22 Its budget for FY2014 was 270,693,400 baht.[1]:83

The office has headquarters in north-central Bangkok and regional offices.

Panama Papers

In April 2016, AMLO became engaged in investigating Thai nationals whose names surfaced in the Panama Papers.[3][4]

References

  1. 1 2 3 4 Annual Report 2014 of Anti-Money Laundering Office (PDF). Bangkok: AMLO. 2015. ISBN 978-616-91467-7-3. Retrieved 13 April 2016.
  2. ↑ "Anti-Money Laundering Act, B.E. 2542 (1999)" (PDF). Anti-Money Laundering Office (AMLO). Retrieved 13 April 2016.
  3. ↑ "'Many' Thais implicated in global scandal". Bangkok Post. 2016-04-04. Retrieved 13 April 2016.
  4. ↑ Taptim, Tulsathit (2016-04-13). "Panama Papers and weary regulators in Thailand" (Editorial). The Nation. Retrieved 13 April 2016.

External links

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