Thailand's liberal gold import regime—historically a cornerstone of the domestic trade—faces potential regulatory tightening as authorities seek to prevent money laundering through gold transactions. The Bank of Thailand and Finance Ministry are drafting joint legislation to create a dedicated regulatory framework for gold trading, including possible transaction taxes (as low as 0.1%) and mandatory reporting requirements. While officials stress the goal is enforcement and tracking rather than revenue generation, concerns remain that overly strict measures could disrupt Thailand's established gold market and push activity underground.