You are using an outdated browser and your browsing experience will not be optimal. Please update to the latest version of Microsoft Edge, Google Chrome or Mozilla Firefox. Install Microsoft Edge

August 22, 2023

Athistha (Nop) Chitranukroh Interviewed on Fintech in Southeast Asia

Athistha (Nop) Chitranukroh, partner and director of Tilleke & Gibbins’ corporate and commercial group, is quoted extensively in a recent article on fintech in Southeast Asia. The article, which was published in the August 2023 issue of Asian Legal Business, highlights the importance of achieving a balance between innovation and regulation in fostering a healthy environment for fintech operations.

In the article, Nop emphasizes that innovation and regulation should not be seen as competing ideals. “When it comes to new and complex products in the fintech sector,” she says, “a clear and comprehensive regulatory framework can give businesses the confidence to make investments.”

Nop also points out the role of regulations and regulators in combating cybercrime within the fintech realm, noting that regulators are a crucial ally in the fight against cyber threats. She explains that this can even be on a regional or global level. For example, the Financial Action Task Force and its recommendations create a network that has been especially effective in combating cross-border financial crimes.

Asian Legal Business, owned by Thomson Reuters, is a leading source of information for businesses and professionals in the legal industry in Asia.

RELATED INSIGHTS​ 

March 11, 2022
On March 10, Nopparat Lalitkomon, a senior associate in Tilleke & Gibbins’ corporate and commercial group in Bangkok, was featured in the Lexology Connect: Philippines 2022 webinar to address regulatory risks and data management in Thailand. Nopparat appeared in the webinar session titled “Redefining Data” to give perspectives on data protection practices and trends elsewhere in the region. During the discussion, he provided an overview of the data privacy framework in Thailand, shared useful tips for managing and preventing data leaks, and addressed key elements of cross-border data transactions. His presentation assisted legal professionals in the Philippines to have a better understanding of the differences between the two countries’ data protection regulations, so that legal practitioners in Philippines could better serve clients who have concerns related to data management in Thailand.
February 28, 2022
On February 25, Krisna Bovornratanaraks, counsel in the firm’s Bangkok office; Nopparat Lalitkomon, senior associate of the firm’s corporate and commercial group; and Pongpalin Chantrapirom, associate in the firm’s dispute resolution group, offered a webinar titled “The Relation between Cyber Threats and Personal Data Protection: What Thai Businesses Need to Know.” The session was presented in conjunction with Metro System Corporation, Thailand’s Ministry of Digital Economy and Society (MDES), and the National Cyber Security Agency (NCSA). During the presentation, the speakers discussed notable cyber threat cases around the globe, the principles behind Thailand’s Personal Data Protection Act (PDPA), the PDPA’s approach to cyberattack issues, and case studies from European countries. A recording of the webinar (in Thai) is available on the Tilleke & Gibbins YouTube channel.
February 18, 2022
On February 8, Nopparat Lalitkomon, senior associate, and Thammapas Chanpanich, associate, both in the firm’s corporate and commercial group in Bangkok, delivered a joint Thai-language webinar entitled “Personal Data Protection Guidelines for Insurance Industry.” During the session, the speakers focused on the relevance of the Personal Data Protection Act (PDPA)—which is expected to come into force on June 1, 2022—to the insurance industry. Specifically, they discussed the following topics: Key principles of personal data collection; Scope of establishing the principle of legality for insurance companies; Notification of data collection and data processing activities in accordance with the law; Procedures of execution between insurance companies and their counterparties; and Managing personal data collected prior to the effective date of the PDPA. A recording of the webinar (in Thai) is available to watch on the Tilleke & Gibbins YouTube channel.
February 9, 2022
On February 8, Nopparat Lalitkomon, senior associate, and Thammapas Chanpanich, associate, delivered a Thai-language webinar entitled “Personal Data Protection Guidelines for Insurance Industry.” During the session, the two speakers from Tilleke & Gibbins’ corporate and commercial group discussed the following topics: Key principles of personal data collection; Scope of establishing the principle of legality for insurance companies; Notification of data collection and data processing in accordance with the law ; Procedures of execution between insurance companies and their counterparties; and Managing personal data collected prior to the effective date of the PDPA. A recording of the webinar (in Thai) is available on the Tilleke & Gibbins YouTube channel.