Nationwide crackdown launched on illegal nominee shareholders and land holdings
Vietnam to require social media users to verify identity
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Vietnam to require social media users to verify identity
13 Sept 21:04Key points summarised by AI
Vietnam is set to mandate identity verification for all social media users on both local and foreign platforms to combat online scams and track lawbreakers.
This measure, part of an upcoming amendment to the Telecommunications Law, aims to enable law enforcement to identify and prosecute offenders using cross-border applications.
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.