Commercial and State Banks Ready to Comply With PDPA

[snoop1130]

 

BANGKOK (NNT) - Thai commercial banks and other financial institutes have signaled their readiness to comply with the newly enforced Personal Data Protection Act (PDPA). The aim is to provide more comprehensive online safety for individuals.

 

The Thai Bankers Association and the Government Financial Institutions Association (GFA) acknowledged that the PDPA, which went into effect today (June 1st), will play a crucial role in protecting personal data. It is also expected to set the standards for collecting, disclosing and utilizing information.

 

Banks under both organizations have committed to complying with the new regulations, which will enhance cybersecurity and inspire confidence in the future development of the financial services industry as a whole.

 

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The associations also noted that customers will likely see changes in consent policies relating to the use of personal information for various banking products and services. These include mobile banking services and conventional on-site services.

 

Additionally, banking institutes will adjust the presentation of their products and services in compliance with the PDPA.

The two associations are recommending that customers take the time to learn about the PDPA, along with relevant adjustments to the policies of their banks.

 

-- © Copyright NNT 2022-06-01

 

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[ThailandRyan]

Recieved an email from Villa today stating how my information would be safe now under the new law.

 

Important Information   Dear Customer, As The Personal Data Protection Act B.E. 2562 will come into full effect on 1 June 2022, Villa Market JP Co., Ltd understands the importance and will fully comply with the Act. Villa Market has provided the right knowledge regarding data protection to all our employees.

Edited June 1, 2022 by ThailandRyan

[jonclark]

1 hour ago, ThailandRyan said:

Recieved an email from Villa today stating how my information would be safe now under the new law.

 

Important Information   Dear Customer, As The Personal Data Protection Act B.E. 2562 will come into full effect on 1 June 2022, Villa Market JP Co., Ltd understands the importance and will fully comply with the Act. Villa Market has provided the right knowledge regarding data protection to all our employees.

Employees..so you work for villa market, right? 

[ThailandRyan]

2 minutes ago, jonclark said:

Employees..so you work for villa market, right? 

So funny, it's why I posted it.

[webfact]

topic runs here:

 

https://aseannow.com/topic/1261400-commercial-and-state-banks-ready-to-comply-with-pdpa/

 

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