You are using an outdated browser and your browsing experience will not be optimal. Please update to the latest version of Microsoft Edge, Google Chrome or Mozilla Firefox. Install Microsoft Edge

December 23, 2016

The Asia-Pacific Investigations Review 2017 – Myanmar Chapter

Global Investigations Review

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.

RELATED INSIGHTS​ 

May 12, 2011
In response to regular queries received from our multinational clients, David Lyman, Chairman & Chief Values Officer of Tilleke & Gibbins, has been providing periodic updates on the ongoing political events in Thailand since 2006. This Viewpoint summarizes and updates several of these reports, while providing observations on the Thai political landscape ahead of the upcoming elections.
May 12, 2011
No country is immune to corruption. Corruption and other illicit activities thrive in Thailand today as they have throughout this nation’s long history. According to Transparency International’s latest survey, the level of corruption in Thailand is no worse than it is in many countries. Is it liked? No. Accepted? Yes, but as a repugnant fact of life. Why? Because most people can do little about curbing it so they learn to live with it. Is the government promoting anti-corruption? Lip service, yes. Concrete steps? Very slow, so the jury is still out.
May 12, 2011
The Report: Thailand 2011, published by Oxford Business Group, provides an in-depth analysis of various sectors of the Thai economy. In the legal section of the publication, Tilleke & Gibbins examines the government’s recent push for further liberalization of foreign investment laws. In addition to foreign investment, the article examines forms of business organization, capital markets, property law, labor and employment issues, and intellectual property.
May 3, 2011
The last few decades have seen an increase in the implementation and forceful application of anti-corruption laws worldwide. Due to Western authorities’ extensive powers regarding anti-corruption issues, foreign-based companies are requiring their subsidiaries in Asia to control gift-giving expenses, especially since efforts to respect the customs of giving gifts to officials (including hosting dinners or banquets) may constitute bribery according to international and even local anti-corruption laws.