Tag: anti-bribery law
The Foreign Corrupt Practices Act in the Thailand Context
Americans doing business in Thailand must remember that they are not only subjected to Thai law but that in certain situations, U.S. laws still apply as well. For example, U.S. employment laws, environmental laws, antitrust laws, and tax laws all potentially apply to American companies doing business abroad. However, one of the most important laws […]
New Anti-Bribery Law from UK to Help Against Corruption in Thailand
The Bribery Act 2010 which effected last July 1, 2010, would hopefully reinvigorate anti-corruption efforts in Thailand by keeping in compliance with the Thai companies that are doing business with British firms or operating in the UK. According to the experts, the law prohibits UK firms from offering bribes to foreign public officials. In a seminar […]