Thai Asset Management Corporation (TAMC)
Mondaq Business Briefing › Canada Law Articles in English (2002)
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Thai Asset Management Corporation (TAMC)
Originally published on March 6, 2002
Declared as Thailand's last chance to clean up its non-performing loans (NPL) mess, the Emergency Decree on Thai Asset Management Corporation, or TAMC Decree, came into force on June 9, 2001. With all the good intentions but crippled with hastily drafted and obscure provisions, the TAMC Act has been riddled with criticisms and even a legal suit ...See the full content of this document
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