What To Know
- The financial watchdog has already published a guidebook to help traders understand how to prepare and submit reports in line with the new requirements.
- The Amlo has also provided an online platform to streamline submissions and is urging all traders to register by the end of this year.
Bangkok Business News: Daily Gold Trade Reporting Now Mandatory
Thailand’s gold trading industry is undergoing a major regulatory transformation. Effective from January 2026, all gold traders nationwide—both physical storefronts and online dealers—must report their daily trading transactions to the Anti-Money Laundering Office (Amlo). This directive, issued by the Ministry of Finance, aims to bring transparency and accountability to an industry that has long been loosely regulated.
Thailand mandates daily gold trade reports in bold move to combat money laundering risks
Image Credit: StockShots
According to Amlo secretary-general Thepsu Bowornchotedara, the new rule is being enforced under an existing ministerial regulation on financial institutions and designated non-financial businesses. This Bangkok Business News report highlights that gold traders will now be treated similarly to financial institutions when it comes to anti-money laundering (AML) and counter-terrorism financing (CTF) obligations.
A Push for Transparency Amid Global Concerns
The regulation is designed to address international concerns about Thailand’s financial transparency and curb the risk of gold transactions being used for money laundering or other illicit purposes. The financial watchdog has already published a guidebook to help traders understand how to prepare and submit reports in line with the new requirements.
The Amlo has also provided an online platform to streamline submissions and is urging all traders to register by the end of this year. Traders who fail to comply risk penalties ranging from hefty fines to possible criminal prosecution.
Impact on Local Gold Shops and Investors
This policy shift is expected to have a widespread impact, particularly on small and medium-sized gold shops. Many of them currently lack digital infrastructure and may struggle to meet the daily reporting standards. The regulation could also alter investor behavior, as buyers and sellers will now be more cautious knowing their transactions are being closely monitored by the authorities.
Amlo’s move reflects the growing emphasis on tightening financial scrutiny in Thailand, aligning with global AML efforts. The agency believes the increased oversight will ultimately strengthen the credibility of Thailand’s gold trade sector and protect it from exploitation by criminal networks. For traders and investors alike, adapting to this new environment will require greater compliance and digital readiness.
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