The Bank of Thailand will certify 700 foreign exchange and money market dealers across the country to upgrade workforce standards. The central bank aims to improve standards in the currency exchange business. In 2015, the central bank established the TFMC as a place for cooperation among financial market participants from the public and private sectors. Certification will be awarded by the Bank of Thailand after the dealers pass the test determined by the committee. Interested dealers can apply for the test from March, and the central bank hopes all dealers will be certified by September, though the certification will be done on a voluntary basis.

Source: Bangkok Post February 10, 2017 23:48 UTC