Nationwide crackdown launched on illegal nominee shareholders and land holdings
Broadcast regulator approves draft announcement to cancel “must have, must carry” rule
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Broadcast regulator approves draft announcement to cancel “must have, must carry” rule
13 Sept 22:04Key points summarised by AI
Thailand’s NBTC approved a draft to cancel the 2012 “must have, must carry” rule, which mandated free TV broadcasting for seven major sporting events, including the World Cup and Olympic Games.
This decision, following recent public criticism over broadcast funding for events like the SEA Games, will now undergo public hearings to gather stakeholder feedback before final issuance.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Today 15:20Key points summarised by AI
Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.