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.