You are using an outdated browser and your browsing experience will not be optimal. Please update to the latest version of Microsoft Edge, Google Chrome or Mozilla Firefox. Install Microsoft Edge

January 16, 2018

Tilleke & Gibbins Signs Anti-Corruption Memorandum with Cambodian Government

Subscribe to Updates
Phnom Penh Post

On January 15, 2018, Tilleke & Gibbins signed a memorandum of understanding (MOU) with the Cambodian government’s Anti-Corruption Unit (ACU), under which Tilleke & Gibbins agrees to continue its existing internal anti-corruption practices, including staff training, prohibition of corrupt practices, and maintaining a code of ethics compliant with Cambodian law. 

In addition, under the MOU Tilleke & Gibbins and its clients may, at their discretion and after considering all applicable law, choose to inform the ACU of any solicitations for improper payments received from government officials. In turn, the ACU agrees to investigate any such solicitations. This process, if requested, can be carried out on a confidential basis. 

The MOU was signed alongside ride-hailing company Grab, who signed a similar MOU. Darani Vachanavuttivong, co-managing partner at Tilleke & Gibbins, attended the event, at which Mr. Khaeng Seng, vice president of the ACU, noted “[t]hese companies clearly have a strong will to fight against corruption, and [are] now protected by the law.”

The MOU reinforces Tilleke & Gibbins’ firm-wide zero-tolerance policy on corruption, which is especially crucial in jurisdictions like Cambodia where corruption and bribery remain major issues. Tilleke & Gibbins is one of the first professional services firms in Cambodia to sign this kind of MOU—a significant development, given the role professional services firms play in relations between companies, the general public, and government entities.

The signing was covered by the Phnom Penh Post, whose article is available on their website.

For more information on Tilleke & Gibbins’ anti-corruption policies and code of ethics, please contact Andrew Stoutley, chief operating officer, at [email protected].

Practices

Compliance and Investigations

Location

RELATED INSIGHTS​ 

March 11, 2016
John Frangos, consultant in Tilleke & Gibbins’ dispute resolution and litigation group, will participate in a discussion on “Practical Tips for Employing a Global Compliance Program in Local Markets” at a roundtable hosted by the International Law Office (ILO) on March 17. John will review subjects such as handling cross-border investigations and tailoring global compliance programs for local jurisdictions in Southeast Asia.
Read More
February 4, 2016
Compliance and anti-corruption are issues of significant concern for business executives and in-house counsel. Companies are faced with a myriad of compliance obligations both locally in the jurisdictions where they do business and internationally due to obligations under the U.S. Foreign Corrupt Practices Act (FCPA), the U.K. Bribery Act, and other similar legislation. To help better equip businesses to deal with these issues, Tilleke & Gibbins is organizing an exclusive seminar to allow our clients to hear directly from a senior representative of the U.S.
Read More
October 13, 2015
Thailand’s Organic Act on Counter-Corruption was recently amended to impose strict liability on companies for corrupt acts committed by a company’s “associated persons,” unless there are “adequate procedures” in place to prevent such corruption. In addition, the amendments criminalize corruption that involves “foreign officials” and impose the death penalty on foreign officials that engage in corrupt activities.
Read More