Thai cenbank's supervision to focus on risk mgmt

Bank of Thailand's supervision department will shift its focus to supervising the risk management of financial institutions early next year, said an official Friday. Central bank spokesman Bandid Nijtavorn told reporters that the department will concentrate on risk management, which is considered to give a wider picture of a financial institution's operation. Currently, the supervision department focuses on the financial status and regulation enforcement of financial institutions.

"We believe

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