Bank of Thailand Mandates Reporting for Leasing and Hire-Purchase Businesses

Bangkok: The Bank of Thailand has announced a new reporting requirement for car and motorcycle leasing and hire-purchase businesses, scheduled to commence on October 10, 2025. These businesses will be required to report their operations via their websites in accordance with new regulations that will be effective from December 2, 2025.

According to Thai News Agency, Ms. Daranee Saeju, Assistant Governor of the Payment Systems Supervision and Financial Consumer Protection Group at the Bank of Thailand, stated that the Royal Decree has been issued to bring automobile and motorcycle hire-purchase and leasing businesses under the Financial Institution Business Act B.E. 2551 (2008). This decree, which has been published in the Royal Gazette, mandates that these businesses comply with the new reporting rules.

The Bank of Thailand has instructed all relevant juristic entities involved in car and motorcycle hire-purchase and leasing, excluding financial institutions, companies in the financial business group, specialized financial institutions, and taxi cooperatives, to begin reporting their business activities via the Bank of Thailand’s website from October 10, 2025, until March 31, 2026. Additional information can be accessed on the Bank of Thailand’s official website or via their provided contact details.

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