Thailand’s ratification of the United Nations Convention Against Corruption (UNCAC) is further evidence the Kingdom intends to ramp up its anti-corruption measures in a bid to facilitate the prosecution of offenders and increase transparency in its public procurement process.The ratification of the UNCAC on March 31, 2011, seven years after Thailand’s signing made it the 149th State Party of the UNCAC, has significantly led to the first amendment of the Organic Act on Counter-Corruption (OACC), which is the core anti-corruption legislation, in 10 years.

Since the founding of the Association of Southeast Asian Nations (ASEAN) on August 8, 1967, with the signing of the Bangkok Declaration, ASEAN has rapidly developed into a robust regional alliance, which has led to a formal plan to implement an economic community among its member countries.

Increasingly investors are expanding their businesses to developing countries with a view to reducing costs and selling products in new markets. Thailand is among the most attractive destinations for them. However, before a commitment is made to a foreign country, the investor needs to study not only the economic and political stability of the country but, more importantly, the local laws and regulations applicable to foreign investors.

Written for corporate counsel, cross-border legal practitioners, and business people, Getting the Deal Through – Arbitration is a broad international perspective on arbitration law in 57 jurisdictions worldwide.

The year 2015 will be a year of special importance for Thailand as well as all Asean member states, as it marks the establishment of the Asean Economic Community (AEC) as agreed on by country leaders at the 2007 Asean Summit.Section 9 of the AEC Blueprint clearly lays out the five core elements to attain the goal of having a single market and production base for the Asean region—the free flow of goods, services, investment, capital, and skilled labor.

Tilleke & Gibbins has assisted a number of clients in successfully enforcing their intellectual property rights (IPRs) at border gates by employing border control measures. This article provides detailed guidelines on how IPR owners can take advantage of the customs enforcement options available in Vietnam. The authors begin with an overview of the legal basis for border measures in Vietnamese statutes and regulations.

This article, published by Complinet Complete (Thomson Reuters Accelus), is a guide to securities and banking regulations in Thailand. Specifically, the article covers the role of the Bank of Thailand, financial institution classifications, and banking regulations (including foreign exchange, banking secrecy, outsourcing, and anti-money laundering) that were formulated through the first and second phases of the Financial Sector Master Plan implemented by Thailand after the 1997 Financial Crisis.

The 10 nation members of the Association of Southeast Asian Nations (ASEAN) have committed to implement an ASEAN Economic Community (AEC) by 2015. As of January 1, 2010, with the full implementation of the ASEAN Free Trade Agreement (now called the ASEAN Trade in Goods Agreement), the trading bloc has created a single market of more than 600 million people, making it the world’s ninth largest economy, with a GDP growth of 7.5 percent.