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October 15, 2014

Chitchai Punsan to Speak on Thai Anti-Corruption Issues

BCCT, GTCC, and AMCHAM

Foreign anti-corruption laws are being more heavily enforced among adherents to the Anti-Bribery Convention of the Organisation for Economic Co-operation and Development (OECD). Penalties for violation of foreign anti-corruption laws have surpassed the USD 1.5 billion mark, and this trend toward more rigorous enforcement is expected to continue.

To comment on these issues from the perspective of Thailand’s anti-corruption laws, Chitchai Punsan, an attorney-at-law in Tilleke & Gibbins’ dispute resolution group, will speak as a panelist at an event jointly hosted by the British Chamber of Commerce, the German-Thai Chamber of Commerce, and the American Chamber of Commerce titled “More Foreign Anti-Corruption Laws, More Compliance Risks.” The event, along with three other speakers, will examine and contrast the foreign anti-corruption laws of various OECD countries.

In particular, Chitchai will discuss the following main issues:

  • Relevant laws
  • Penalties for bribery
  • Facilitation payment
  • Submission of bids
  • Government agencies
  • Gifts

The event will take place at the Westin Grande Sukhumvit hotel in Bangkok on October 29 at 12 noon. If you would like to learn more about this event, please visit the GTCC website.

RELATED INSIGHTS​ 

October 12, 2012
On November 22, 2012, the Euromoney Legal Media Group will hold its second annual Asia Women in Business Law Awards at the Renaissance Harbour View Hotel in Hong Kong. Again this year, Tilleke & Gibbins stands amongst a leading group of law firms that will be recognized for their commitment to the advancement of women. The firms will be judged on a range of factors, predominately initiatives for gender diversity, innovation, mentoring, talent management, and female leadership within each firm.
September 6, 2012
Tilleke & Gibbins has become the first law firm to join Thailand’s Collective Action Coalition Against Corruption (CAC). Darani Vachanavuttivong, co-managing partner and managing director of the firm’s intellectual property group, signed the commitment at a ceremony marking National Anti-Corruption Day on September 6, 2012.
August 16, 2012
Corruption continues to negatively affect Thailand’s competitiveness due to a lack of political will to tackle the problem, according to David Lyman, Chairman & Chief Values Officer of Tilleke & Gibbins, in a statement published in today’s edition of The Nation. David also emphasized the importance of continuity and stability in Thailand’s investment policies, especially in the context of the upcoming ASEAN Economic Community (AEC).
April 18, 2012
Over the past several years, the U.S. government has become increasingly active in the enforcement of the Foreign Corrupt Practices Act (FCPA). But despite the increased focus on criminal prosecutions of companies and their principals, evidence suggests that many people still view some form of bribery as an acceptable or even necessary requirement for doing business in some countries. This increases risk and imposes a responsibility for companies doing business abroad to do all that is necessary to ensure that they and their partners act in ways that are compliant with the FCPA.