January 5, 2016

Anti-Corruption Law in Thailand: A Practical Guide for Investors

Tilleke & Gibbins

This guide provides a practical overview of Thailand’s anti-corruption laws as they pertain to the private sector, and particularly, to foreign investors. Thai anti-corruption law has traditionally focused on the recipients of bribes, such as government officials. But with the 2015 amendments to the Organic Act on Counter Corruption (OACC), attention is shifting toward bribe-givers—including private corporations and individuals. Since this guide is aimed at investors, it does not address how the laws affect politicians and other government officials. Instead, the guide discusses the myriad of anti-corruption requirements and penalties of which investors should be aware.

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