Hahaha, National banks strictly control mobile banking downtime to no more than 8 hours per year, with penalties ranging from warnings to fines of up to 500,000 baht. Starting from November, if not rectified, daily fines of 5,000 baht will be imposed. On October 31, 2023, Mr. Phinyo Triphetchaporn, Director of Technology Risk Supervision and Inspection at the Bank of Thailand (BOT), revealed that within the next 2 weeks or by November, BOT will issue amendments regarding the criteria for overseeing technology risk in financial institutions and specialized financial institutions. It stipulates that if the mobile banking system of a bank is down or disrupted for no more than 8 hours per year, the penalties range from warnings to the maximum fine of 500,000 baht. Statistics from the commercial bank's information technology show that in the latest Quarter 3 of 2023, there were 4 instances of mobile banking disruptions totaling 4 hours, less than the previous Quarter 2, which had 6 disruptions totaling 11 hours. In Quarter 3, banks with mobile banking disruptions included Siam Commercial Bank with 2 instances totaling 1 hour, TMB Bank with 1 instance lasting 1 hour, and Bangkok Bank with 1 instance lasting less than 1 hour.

Severe penalties! If any bank's app crashes for more than 8 hours per year, they'll face fines up to 500,000 baht. Happy payday! Is the mobile banking policy still crashing this round? Mr. Phinyo, Director of Technology Risk Supervision and Inspection Department at the Bank of Thailand (BOT) or the National Bank, revealed that within November 66, the BOT will amend the announcement regarding the criteria for supervising and overseeing the technology risk of financial institutions and specialized financial institutions. It specifies penalties if the system malfunctions exceed the specified limit. It has been stipulated that if a bank's mobile banking system malfunctions or crashes for no more than 8 hours within 1 year, it must stop the malfunction. If the downtime exceeds 8 hours per year, there will be penalties according to the severity level, starting from warnings, orders to rectify, until the maximum penalty of 500,000 baht per instance. If no corrective action is taken, an additional fine of 5,000 baht per day will be imposed. For the information technology statistics of commercial banks, the latest data for the third quarter of 66 showed that there were a total of 4 instances of mobile banking policy malfunctions, totaling 4 hours, which is less than the previous quarter, which had 6 instances totaling 11 hours. In the third quarter of 66, commercial banks with mobile banking policy malfunctions included SCB with 2 instances totaling 1 hour, TMB Bank with 1 instance totaling 1 hour, and Bangkok Bank with 1 instance totaling less than 1 hour. However, comparing to the previous quarter, there were 5 instances of mobile banking policy malfunctions among commercial banks, including Bangkok Bank with 2 malfunctions lasting up to 5 hours, Kasikorn Bank with 1 instance lasting 2 hours, Krungthai Bank with 1 instance lasting 2 hours, and TMB Bank with 1 instance lasting less than 1 hour. As for other commercial banks' systems in the third quarter of 66, only the branch of Government Savings Bank experienced 1 instance of malfunction lasting 2 hours. From the statistics on commercial banks' information technology systems, it was found that each commercial bank had significantly fewer instances of malfunctions or crashes of mobile banking systems. It is believed that the amendment of the IT risk supervision announcement will help banks accelerate system development and reduce mobile banking policy malfunctions compared to before, Mr. Phinyo said.

Heavy punishment! Any bank app that crashes for more than 8 hours per year will be fined 500,000 baht. Happy payday! Has mobile banking failed this time? By Mr. Pinyo Tripetcharaporn, Director of Information Technology Risk Supervision and Audit Department The Bank of Thailand (BoT) or the National Bank has revealed that within November 2023, the BoT will amend the announcement. Subject: Criteria for supervision of information technology risks of financial institutions and specialized financial institutions It specifies the penalty if the system is disrupted for longer than the specified period. which determined that the bank's mobile banking system would be disrupted or crashes for no more than 8 hours within 1 year, that is, crashes must be stopped.

#GoodtoShare To all new TFEX traders, let's meet at the 'TFEX Futures Day 2023' event, packed with exciting seminars and intensive workshops.⁣⁣ ⁣⁣ Meet me in the seminar 'Unlocking Profit Secrets...Trading TFEX Made Easy' with special guests:⁣⁣ ⁣ - Ajarn Ti-Juti Nuangchamnong, Full-Time Trader⁣⁣ - Coach Peck-Punyawe Chantarakajorn, Full-Time Trader⁣⁣ - Mr. Tosapol Sakthaworndamrong, InnovestXCo., Ltd.⁣⁣ - Hosted by Eig-Banphot Theenapermsuk.⁣⁣ Additionally, there are 'How to Start Trading TFEX' sessions and 'Profit Building in the TFEX Market' workshops.⁣⁣⁣⁣ See you on Sunday, October 29, 2023, from 9:00 am to 12:30 pm.⁣⁣ Location: Sukree Kaewcharoen Meeting Hall, 3rd Floor, Stock Exchange Building.⁣⁣ ⁣⁣ Don't forget to bring your account opening documents such as your ID card and bank account book, as there are many special promotions available.

Holding SCB stock for 3 months, the stock fell more than 11%, but the brokerage is still cheering to "buy", expecting to pay dividends as high as 7.4% per year. Read more https://t.co/7BCvK1Lsfs #StockNews #SiamCommercialBank #SCB #Stocks #Invest #PortfolioClinic #SCBX #WealthyThai https://t.co/H5ugcvY0c3

Level up your joy and deepen your knowledge with special guests who will join the debate on the topic, "Which EV camp is better to invest in, Tesla or Chinese EV?" at the "Follow The Future" event. Ms. Thanee Triwattanawong, Managing Director of Chiang Saeng Group, a Japanese and Chinese car dealer, and the owner of the "DB Shantou" page with more than 220,000 followers. He is an expert in Chinese history and automobile business who will reinforce the Chinese EV team. This event will definitely be a blast. Join us in the  Follow The Future event on December 16, 2023, from 9:00 a.m. onwards at the Royal Bangkok Sports Club - Henry Dunant. Secure your tickets at Zipevent. Find more details in the comment section ... .................................................. .................... The biggest and most special seminar of the year from Trader KP is coming. This event will create a platform for us to connect with tech investors and foreign stocks with 5 highlights at the event ✅ You can choose to sit at a table with fellow stock investors you are interested in, under these 6 themes: Thai/VI stocks, Growth (Tech) stocks, US stocks, Chinese stocks, TESLA stocks, and Chinese EV stocks. ✅ You can acquire the privilege to join the private Line group, created only for the participants of this event to connect with the community of investors of the future. (The code to join the group will be sent via your email after purchasing tickets along with a QR to enter the event) ✅ You will gain knowledge from 12 special speakers, including tech CEOs, VI investors, Alternative Investment experts, and foreign stock analysts and investors who will update exclusive business and investment trends. ✅ You will get to participate in a debate session between Tesla and Chinese EVs on the topic of which EV company is better to invest in. ✅There is also a lunch buffet to fill your appetite while enjoying all the sessions and assembling with fellow investors at the Royal Bangkok Sports Club, located at the heart of the city.  ------------------------------- -------- Details for each Session 1️⃣ Session 1: Future Trends - update global trends and technology that will transform the world and the business of the future with 3 tech companies' CEOs - Jirayus Subsrisopa, Founder and Chief Executive Officer of Bitkub Capital Group Holdings Company Limited -  Suwicha Sudjai, Chief Executive Officer and Managing Director of EV Me Plus Company Limited - Dr. Supachai Pachariyanon, Managing Partner of SeaX Ventures Fund and CEO and Co-founder of RISE --------------------------------------- 2️⃣ Session 2: Future Investment 2.1) Value Investing in an Evolving World - How VI investors adapt to the changing world - with Chalermdej Leewongcharoen, President of the Value Investors Association (Thailand) - Thiwa Chinthadapong, VI stock expert - Kawee Chukitkasem, Chief Executive Officer of Securities Analysis and Content Department, Pi Securities Co., Ltd. 2.2) Alternative Investment - The future with more investment options - Thiyachai Chong, Head of Wealth and Preferred Segment, Consumer Banking, Bank CIMB Thai - Phayon Pongsawaree, Assistant Managing Director of Wealth Products and Strategy, InnovestX Securities -------------------------------- ------- 3️⃣ Session 3: Special debate forum on the topic "Which EV maker is worth investing in between TESLA and Chinese EV" with 4 tech stock investors and foreign stock investment analysts - Mr. Avin Sony, Head of Global Sales, CGS-CIMB Securities (Thailand) - Ms. Thanee Triwattanawong, Managing Director of Chiang Saeng Group, a Japanese and Chinese car dealer, and the owner of the "DB Shantou" page with more than 220,000 followers.- Watan Jitsomnuk, Director of Investment Strategy Analysis and investment strategist of Pi Securities Co., Ltd. - Chatchai Sathienpattanakul,  an investor from the Tesla Investor Thailand group - Chris Trader KP, an investor from the Tesla Investor Thailand group. This session will definitely be a blast! ------------------------- -------------- With the most beautiful and talented moderator - Thiranan Arunwattanakul, Chief Operating Officer, Mannix Co., Ltd. - Warinmat Panyadee, JKN-CNBC news anchor and Trader KP Talk host --------- ------------------------------ ⏰ See you on Saturday, December 16, 2023, from 9:00 a.m. onwards at Royal Bangkok Sports. Club Henry Dunant ✅Buy tickets today for 2,650 baht* *Group package of 5-9 tickets is discounted by 15% to 2,252 baht / 1 seat *Corporate package (10 up/for the whole table) is discounted by 20% to 2,120 baht / 1 seat * The tickets are limited! Don't miss out on the opportunity to be part of the community of investors of the future! *Terms and conditions are as specified by the company.