The Thai Anti-Money Laundering Act B.E. 2542 was recently amended. The new amendment makes changes to provisions to be in-line with the current anti-money laundering situation, to increase enforcement efficiency, and to conform to international standards.
It is our pleasure to present the first edition of Baker McKenzie’s Global Overview of Anti-Bribery Laws Handbook (“Handbook”). Given the success of last year’s Overview of Anti-Bribery Laws in EMEA, we have now expanded our coverage to legislation and developments in 47 jurisdictions this year. We appreciate that it…
On 9 July 2015, the Government Gazette published Amendment No. 3 to the Anti-Corruption Law, 1999, which came into effect on 10 July 2015. The reason for this amendment is to comply with international standards for prevention and suppression of corruption, which Thailand ratified under the treaty of the United…
This article provides a brief overview of the recent anti-corruption developments in the Asia-Pacific region in the first half of 2015. As a whole, the region has seen an increase in enforcement actions. Whilst much of this can be attributed to the continued heightened enforcement of the Foreign Corrupt Practices…
The tables summarize the main topics of the antitrust and competition laws in Asia Pacific. For more information, visit our page “Antitrust Laws around the World”. Country Regulatory authority Key regulation Merger Control Prohibition on abuse Australia Australian Competition & Consumer Commission Competition and Consumer Act 2010 Yes Yes China…
Baker & McKenzie has published its 2015 Asia Pacific Antitrust & Competition Law Guidebook. The Guidebook brings together a summary of commentary on competition laws from 13 Asia Pacific jurisdictions: Countries included in the Guidebook Australia China Hong Kong India Indonesia Japan Malaysia New Zealand Philippines Singapore Taiwan Thailand Vietnam Since releasing…
The Thai cabinet recently approved a new regulation proposed by the Ministry of Commerce to control the export of dual-use goods in accordance with United Nations Security Council requirements, and to protect Thai exports. Thailand’s development on export regulation regarding dual-use goods has been ongoing since 2008. A Working Group…