How will MAS and Bank of Thailand update each other on regulatory changes?

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MAS and the Bank of Thailand will exchange regulatory and incident updates as part of their cybersecurity cooperation.

MAS and the Bank of Thailand have signed a memorandum of understanding that sets out cooperation on cybersecurity and digital fraud. One part of that framework is the exchange of regulatory and incident updates, along with threat intelligence affecting the financial sector.
The update-sharing is part of a wider three-part framework

The agreement covers information sharing on cybersecurity and digital fraud, competency-building, and operational preparedness. The two central banks also plan joint training, study visits, research exchanges, and cross-border cybersecurity and crisis management exercises.
The updates will cover regulatory changes and incident developments

The two sides will exchange regulatory and incident updates, but no specific channel, schedule, or reporting format is given. The only detail stated is that the updates will also include threat intelligence affecting the financial sector.
The cooperation is aimed at cyber risks and digital fraud

MAS Managing Director Chia Der Jiun said cyber risks and digital fraud are “key transnational threats” facing the region. The agreement was announced as cyber threats become increasingly sophisticated across the region’s interconnected financial systems.
The deal was announced on July 24 in Singapore

The memorandum of understanding was signed in Singapore on July 24. The announcement said it was between the Monetary Authority of Singapore and the Bank of Thailand, two central banks working on closer coordination in the financial sector.

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How will MAS and Bank of Thailand update each other on regulatory changes?

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