A common market for financial services will be one of the major components of the ASEAN Economic Community when it takes effect at the end of 2015. This will represent a significant change for securities regulation in Thailand, where the Securities and Exchange Act, subject to some exceptions, places substantial restrictions on the offering of foreign securities in Thailand.

The Minister of Labor has issued a new Ministerial Regulation under the Labor Protection Act, which extends certain protections to domestic workers (i.e., housemaids and nannies). The Ministerial Regulation came into force on November 9, 2012.This article provides an overview of the new regulation and guidance to employers of domestic workers in Thailand to ensure that they are compliant with the new regulation.Holiday and Weekly Leave

The Thai government is searching for new solutions to battle intellectual property infringement on the internet, both utilizing existing laws and enacting new legislation. To this end, the Cabinet recently approved a draft of the proposed amendment of the Copyright Act which provides additional measures to copyright owners in combating online piracy.The Existing Legal Framework

Many people in Thailand are now focused on their personal investments. Investors want to know the products in which to invest and how to plan their finances. They are therefore increasingly turning to investment advisors. Given the increasing demand for these services, it is worthwhile to examine how investment advisors are regulated.

The 2012 edition of Distribution & Marketing of Drugs is a reference guide, covering 20 jurisdictions, for pharmaceutical companies, legal professionals, and marketing companies. Each chapter provides an overview of the legal systems and statutes in place relating to the distribution and marketing of drugs to consumers and businesses, covering all forms of promotion law, industry codes, and legal sanctions.

The 2012 edition of Distribution & Marketing of Drugs is a reference guide, covering 20 jurisdictions, for pharmaceutical companies, legal professionals, and marketing companies. Each chapter provides an overview of the legal systems and statutes in place relating to the distribution and marketing of drugs to consumers and businesses, covering all forms of promotion law, industry codes, and legal sanctions.

The Thai insurance industry is primarily regulated under the Civil and Commercial Code, the Casualty Insurance Act B.E. 2535 (as amended), the Life Insurance Act B.E. 2535 (as amended), the Insurance Commission Act B.E. 2550, and the Motor Accident Victims Protection Act B.E. 2535 (as amended). Numerous regulations are issued under each of these laws, and the Office of the Insurance Commission (OIC), under the Ministry of Finance, is the primary regulator.Establishment, Shareholding, and Directorship

Company directors can be held liable for software copyright violations in their businesses, even if they are unaware that software piracy is taking place at their companies, according to Thai copyright law.The Thai Copyright Act of 1994 states that if a juristic person (a company) commits copyright infringement, all directors or managers are jointly liable for the offense. This means that if a company is sued as a first defendant, its authorized directors may also be attached as additional defendants in the case.