TBA to announce guidelines on protection of clients’ data
The Thai Bankers’ Association (TBA) will issue practice guidelines for commercial banks in handling clients’ personal data, following the enforcement of the personal data protection law in May next year.
The Personal Data Protection Act, B.E. 2562 (2019) regarding the collection, use, or disclosure of personal data will come into effect on May 28, 2020.
The association’s president Predee Daochai has said that banks might have to adjust their working process to be in compliance with the law.
For example, he said, they need to request clients’ consent and ask them to sign on the consent every time the banks want to collect, use, and disclose their personal data. Each individual client has the right to agree or reject such a request.
