BANGKOK, Thailand – Thailand has launched the Bangkok Blueprint for Fraud-Resilient Digital Finance to improve international cooperation against increasingly sophisticated financial scams. Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas introduced the framework during the 2026 IMF–World Bank Group Annual Meetings in Bangkok on October 14, calling for coordinated efforts to address cross-border financial fraud.
Developed by Thailand in collaboration with the International Monetary Fund (IMF) and the World Bank Group, the blueprint outlines 12 policy considerations covering digital infrastructure, risk management and mitigation, and cooperation across the financial sector. Recommended measures include improved legal frameworks, digital identity verification, AI-powered fraud detection, victim recovery mechanisms, information sharing, and public awareness, while maintaining secure and inclusive access to digital financial services.
An accompanying paper, Bangkok Blueprint in Action, draws on experiences from Thailand, Hong Kong, Malaysia, and Singapore to provide practical guidance. Thailand’s Connect the Dots program illustrates how sharing information among government agencies can improve fraud detection by identifying suspicious patterns and potential threats earlier.
Bank of Thailand Governor Vitai Ratanakorn also addressed the launch, stressing the importance of maintaining public trust as digital finance expands. He reported that financial fraud losses in Thailand declined from more than 43 billion baht in 2024 to 32 billion baht in 2025. The blueprint encourages countries to adapt its recommendations to their circumstances while improving international cooperation to protect digital financial services. (NNT)
