The Modern Genre of Infrastructural Law Reform: Legal and Practical Realities – The Case of Banking Reform in Thailand

38 Pages Posted: 1 May 2016

See all articles by Joseph J. Norton

Joseph J. Norton

Southern Methodist University - Dedman School of Law; The University of Hong Kong - Asian Institute of International Financial Law

Date Written: 2002

Abstract

Using recent banking reforms in Thailand as a case study, the author contemplates the legal and regulatory implications of adapting "internationally accepted bank supervisory standards" for emerging and transitioning economies. The examination of the Thailand case includes a discussion of unique factors of the Thai financial sector, such as the social and political structures and the legislative process, as well as general commentary on proposed new banking legislation currently being considered by the Thai Parliament. The author also addresses the crucial issue of enforcement, with a focus on educational dimensions, good governance, Prompt Corrective Action, exit policies and consolidated and conglomerate supervision.

Keywords: banking reform-Thailand, international banking, Commercial Banking Act-Thailand, Bank of Thailand Act, economic infrastructure-Thailand, emerging economies, international best practices, banking supervision

Suggested Citation

Norton, Joseph J., The Modern Genre of Infrastructural Law Reform: Legal and Practical Realities – The Case of Banking Reform in Thailand (2002). Southern Methodist University Law Review, Vol. 55, No. 1, 2002, SMU Dedman School of Law Legal Studies Research Paper No. 269, Available at SSRN: https://ssrn.com/abstract=2772110

Joseph J. Norton (Contact Author)

Southern Methodist University - Dedman School of Law ( email )

P.O. Box 750116
Dallas, TX 75275
United States

The University of Hong Kong - Asian Institute of International Financial Law ( email )

Faculty of Law The University of Hong Kong
Room 301A 3/F K K Leung Building Pokfulam Road
Hong Kong

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
54
Abstract Views
493
Rank
702,230
PlumX Metrics