Since the National League for Democracy (NLD) won the election in November 2015, the new government cabinet has pledged to implement major reforms to Myanmar’s political, legal, economic, social, and democratic developments, in hopes to undo years of economic stagnation caused by over half a century of military governance.
These reforms focus mainly on liberalizing most market sectors, as well as actively promoting foreign direct investment to increase potential economic opportunities. These new opportunities, however, pose an inherent risk, which includes the potential for corruption.
Nwe Oo, a senior attorney-at-law in Tilleke & Gibbins’ Myanmar office, and Sher Hann Chua, a consultant in Tilleke & Gibbins’ Myanmar office, address these issues and more in the Myanmar chapter of The Asia-Pacific Investigations Review 2017 (2nd Edition), a guide to the important issues in internal and government investigations across the Asia-Pacific, published by Global Investigations Review.
In particular, the Myanmar chapter covers anti-corruption compliance, as well as private corruption, enforcement mechanisms, anti-corruption laws, and the impact of overseas anti-corruption laws in Myanmar.