Bangkok, Jan. 29 -- The Thai government has endorsed a legal change that will hold banks, phone operators and social media owners responsible for damage from call-centre scams if they are found negligent or reckless.

Thai Deputy Prime Minister and Minister of Digital Economy and Society Prasert Jantararuangtong on January 28 announced that the Thai cabinet approved the proposed amendment to an executive decree on measures to solve technology crime. The amendment will penalise financial institutions, telecom and social media firms if it is found that financial damage to the public resulted from their failure to comply with anti-scam measures.

It also requires telecom operators and the National Broadcasting and Telecommunications Commissi...