The content below was first published on TRACE Trends – A Compliance Conversation, a blog published by TRACE International. Tilleke & Gibbins is the TRACE Partner Law Firm for Thailand.

The Guide to Doing Business in Thailand, published by Tilleke & Gibbins in association with Lex Mundi, provides a comprehensive overview of the legal and business environment for investors entering the Thai market. In particular, it covers topics such as the current political climate, investment incentives, financial facilities, exchange controls, import and export regulations, establishing and operating a business, labor and employment, tax, and immigration requirements. The guide provides an invaluable primer for investors new to Thailand.

This guide provides a practical overview of Thailand’s anti-corruption laws as they pertain to the private sector, and particularly, to foreign investors. Thai anti-corruption law has traditionally focused on the recipients of bribes, such as government officials. But with the 2015 amendments to the Organic Act on Counter Corruption (OACC), attention is shifting toward bribe-givers—including private corporations and individuals. Since this guide is aimed at investors, it does not address how the laws affect politicians and other government officials.

Myanmar has undergone significant political and economic change since the country’s civilian government took control in 2010 under the leadership of President Thein Sein. Foreign direct investment is at record levels in Myanmar, and investment is expected to soar into the coming year. New economic opportunities, however, pose an inherent risk, which includes the potential for corruption.