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January 14, 2013

Corporate Counsel Examines Compliance Challenges for 2013

Corporate Counsel

The latest edition of Corporate Counsel features an article by Alexandra Wrage, the president of TRACE International, which examines compliance challenges that corporations may face in the coming year.

The article, “The Biggest Global Compliance Challenges for 2013,” takes an optimistic approach toward the fight against corruption and turns to partner firms in “less-discussed” locations to ask what challenges they expect in 2013, and in some cases, what plans they intend to put in place. In detailing efforts in Thailand, the article recognizes Tilleke & Gibbins as “anti-bribery experts” and discusses the role of cultural tolerance to bribery in Thailand.

Tilleke & Gibbins serves as the exclusive TRACE Partner Law Firm in Thailand. TRACE International is a nonprofit association that provides practical and cost-effective anti-bribery compliance solutions for multinational companies. It granted this designation to the firm in recognition of its “exceptional experience in and knowledge of anti-bribery laws and related compliance matters.”

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On May 31, 2022, Tilleke & Gibbins continued its collaboration with Anderson Mori & Tomotsune to offer a webinar entitled “Compliance Considerations in Thailand: What Companies Should Know.” During the session, which was translated into Japanese by Chieko Tsuchiya, a consultant in Tilleke & Gibbins’ dispute resolution department in Bangkok, John Frangos, partner and director of the department, addressed the following areas: The importance of compliance in Thailand; Key principles that make an effective compliance program, including the National Anti-Corruption Commission’s internal guidelines, risk assessments, policies and procedures, communication mechanisms, and audits and evaluations; and Case studies and practical considerations on how companies can reduce risks of wrongdoing activities.
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