Cambodia’s steady, robust economic growth continues to draw foreign direct investment (FDI), in addition to increasing the purchasing power of the country’s population. The economy is diversifying as well, with investment expanding significantly beyond the garment industry and tourism sector. Both industry and construction are two sectors poised to make big gains in the coming year, and the economy as a whole is expected to maintain its impressive growth rate of approximately 7 percent.

This country profile looks at Thailand, which traditionally has had a reputation as a “crossroads” for numerous illegal activities and of the laundering of significant sums of tainted money.Member of the Financial Action Task Force (FATF)? No.Any Egmont members?  Yes. Thailand’s Anti-Money Laundering Office (AMLO) is a member of the Egmont Group.Regulation

Since 2017, the Anti Money Laundering Office (AMLO), the Securities and Exchange Commission (SEC), and the Stock Exchange of Thailand (SET) have been engaged in an active drive to monitor and pursue many charges related to stock manipulation against high-level executives of security-issuing companies. These authorities, particularly the SEC, have the duties to regulate, monitor, and sanction any traders who act in contravention of the Securities and Exchange Act B.E. 2535 (1992) (the Act), which prohibits, among other things, insider trading and stock manipulation.

Thomas Treutler, partner and managing director of Tilleke & Gibbins’ two offices in Vietnam, and Chuyen Hong Huu Le, an attorney-at-law in the firm’s corporate and commercial group in Ho Chi Minh City, have drawn on their well-versed understanding of anti-bribery and corruption law to provide a Vietnam report for Lex Mundi’s Anticorruption Compliance Guide .