Douglas Mancill to Speak at FCPA Conference in Singapore

PriceSanond’s Douglas Mancill will speak in Singapore at the 6th Annual Asia Pacific Summit on Anti-Corruption Compliance and Risk Management on 1 November 2017. Mr. Mancill will speak on Supply Chain Third Party Audits in Thailand. The speakers at this …

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FCPA: PriceSanond at BCCT/AMCHAM Anti-Corruption Conference

On 26 July 2016 PriceSanond’s Douglas Mancill spoke on the U.S. Foreign Corruption Act (FCPA) at a joint event of the American Chamber of Commerce in Thailand and the British Chamber of Commerce in Thailand on anti-corruption laws. Mr. Mancill covered the …

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Whistleblower Receives $17 Million Award From U.S. SEC

The U.S. Securities and Exchange Commission announced that it awarded $17 million award under its whistleblower program to a former company employee whose detailed tip “substantially advanced the agency’s investigation and ultimate enforcement action.” The award was the second largest since the …

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New Article on Anti-Corruption Law in Thailand

Corruption has much the same effect on the development of a nation that cancer has on the life of a biological organism. Recognizing this, Thailand has various laws criminalizing corruption, recently enacted new anti-corruption laws and plans to expand the …

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Siriwans Claim Innocence

The Bangkok Post reported on 9 November 2015 that: “[f]ormer Tourism Authority of Thailand governor Juthamas Siriwan and her daughter on Monday plead innocent at the Criminal Court to bribery charges in the Bangkok International Film Festival scandal.” Over five years …

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Optimism About Tackling Corruption in Thailand

A professor from the U.S. recently authored an article that set out some concrete measures that Thailand could employ to tackle corruption.  In a 17 October 2013 article for the Bangkok Post, Professor Robert Klitgaard  – called the “world’s leading expert on …

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“Black Hole” of Corruption Looms in Thailand

Former Asean secretary-general and Thai foreign minister Surin Pitsuwan says “corruption threatens to turn Thailand into an investment “black hole” of Asean as it makes doing business in the country far too costly”, according to a front page article in the …

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If you Think FCPA Compliance is tough in Thailand, Just Consider what it will be like in Myanmar

Judging from several recent events in Bangkok, there is tremendous interest on doing business in and with Myanmar. AMCHAM programs on US Trade and Investment in Myanmar have been over-subscribed. The primary focus now is clearly on lifting the myriad …

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New Article on Recent Amendments to Thailand’s Anti-Money Laundering Act Available

Access our new article discussing the February 2013 amendments to Thailand’s Anti-Money Laundering Act, authored by PriceSanond lawyer Nualporn Satawiriya, by clicking here. The Anti-Corruption section of the Knowledge part of our website contains additional articles and news items on developments in Thai …

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Directors of U.S. Companies Now at Greater Risk for Corporate Malfeasance Abroad

Following a headline Delaware state court decision, directors of U.S. domiciled corporations – particularly Delaware corporations – are at greater risk now for potential personal civil liability for FCPA violations and other acts of corporate malfeasance abroad.  PriceSanond partner, Douglas Mancill's, …

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Institutional Investors Throw Their Weight Behind Thailand’s Anti-Corruption Efforts

Top institutional investors in Thailand have announced that they will collaborate on encouraging good corporate governance and anti-corruption efforts among Thai listed companies by focusing investment in those companies with proven transparency and anti-corruption track records.  On the influential corruption …

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Thailand being removed from the FTAF “grey list”

In February 2012, the intergovernmental Financial Action Task Force (FATF) added Thailand to its “grey list” of countries due to its failure to take adequate steps against money laundering and terrorist financing by not enforcing its existing anti-money laundering laws.  …

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TPI’s Corruption Perception Score for Thailand – About the Same as Last Year

Every year Transparency International compiles information from different surveys and indices to create its now famous corruption perceptions index (CPI).  Considering that CPI scores and rankings are a rough proxies for actual corruption, Thailand's position has not changed much.  Last …

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Hearing on Siriwans’ Motion to Dismiss Indictment – Continued with Scheduled Additional Briefing

The motion by Juthamas Siriwan, the former Governor-General of the Tourism Authority of Thailand, and her daughter, Jittisopa Siriwan, (the "Siriwans") to dismiss the U.S. indictment against them on money laundering related charges had been set for hearing on 29 November …

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Increase in Foreign Anti-Corruption Prosecutions, but not just by US Authorities and not just Against US Companies.

A progress report by Transparency International on enforcement of the OECD Convention on the Combating of Foreign Public Officials in International Business Transactions (the OECD Convention)  reports increased (but still inadequate) enforcement of foreign anti-corruption laws. The signatories to the OECD …

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NACC moves to seize assets worth B65m from Supoj

  The National Anti-Corruption Commission (NACC) will ask the attorney-general's office to confiscate assets totalling 64.7 million baht from former transport permanent secretary Supoj Saplom, reports the Bangkok Post here . A brief summary of Thai law on unusual wealth can …

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Thailand Moves to Enhance Anti-Money Laundering Safeguards

  The intergovernmental Financial Action Task Force (FATF) has put Thailand on its "dark grey list" of countries, claiming that it is a high risk and non-cooperative jurisdiction which has failed to meet international standards in fighting money laundering.  Practical …

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Thai Gov May Adopt WTO Agreement on Government Procurement

The Thai government announced that it would consider signing up to the World Trade Organization (WTO) Agreement on Government Procurement.  Thai Finance Minister and Deputy Prime Minister, Mr Kittiratt, speaking at the World Economic Forum on East Asia, said Thailand "would commit to join” the next discussions on the WTO Government …

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NACC finds Transport Secretary ‘Unusually Wealthy’

      The National Anti-Corruption Commission (NACC) has found former secretary for transport Supoj Saplom to be 'unusually wealthy' as reported by the Bangkok Post here . A brief summary of Thai law on unusual wealth can be found here.   The …

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New Overview of Thai Anti-Corruption Laws

Access the Thai Chapter of the 2012 edition of Getting the Deal Through' s guide to Anti-Corruption regulation, authored by PriceSanond lawyers, Douglas Mancill and Wayu Suthisarnsuntorn, by clicking here. The article was prepared by PriceSanond and is produced with permission of …

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Thomson Reuters: PriceSanond Partner on FATF Report on Thailand’s Anti Money Laundering Laws

Thomson Reuters recently interviewed a PriceSanond partner about the decision by the Financial Action Task Force (FATF) to list Thailand as one of 15 high-risk countries because of problems with Thailand's anti-money laundering laws.  PriceSanond partner, Douglas Mancill, was quoted as saying, among things, that: "The actual implementation of …

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“I Paid a Bribe”… Thailand?

A grassroots movement to identify government officials who press for bribes is growing momentum, thanks to an Indian website (ipaidabribe.com) reports the New York Times.  Thailand is not without serious transparency problems, as reflected in reports from Transparency International and …

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Some NBTC Members Uncomfortable with the Call for a Code of Conduct on Gifts to NBTC members

"Some members of the National Broadcasting and Telecommunications Commission [NBTC]  are feeling ''uncomfortable'' after a colleague [Ms. Supinya Klangnarong]  called for a new code of conduct regarding corporate gift giving,…", according to the the 9 March 2012 edition of the Bangkok Post.  This 9 March article says: Ms Supinya said …

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US Seeks Thai Cooperation on Corruption Cases

The 3 March 2012 edition of the Bangkok Post reports that U.S. Ambassador Kristie Kenny asked the “National Anti-Corruption Commission to investigate corruption cases” that concern the U.S.  There are several curious aspects of the article. First, the article specifically refers to the conviction …

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Supoj Testifies Before NACC Following Asset Freeze Order

Supoj Saplom  testified for three hours before the National Anti-Corruption Commission (NACC) on 8 March 2012 and will be called back to testify again on 26 March 2012.  According to a 9 March 2012 article in the Bangkok Post, NACC Commissioner "Preecha Lertkamolmart said Mr Supoj had yet to clarify …

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FATF “Gray Lists” Thailand’s Anti-Money Laundering Regime

A leading international anti-money laundering body, the Financial Action Task Force (FATF), reports that Thailand has “strategic anti-money laundering deficiencies.”  The FATF’s 16 February 2012 report on Thailand says: Despite Thailand’s high-level political commitment to work with the FATF and APG …

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Whistleblower Retaliation Lawsuit Filed in FCPA Case – Don’t Limit Grievance Reviews to Thai Law Alone

  US law not only rewards "whistleblowers" in FCPA cases (see article here), but it also prohibits employers from taking retaliatory action against whistleblowers.   In a  8 February 2012 article the Huffington Post reports on such an alleged retaliation claim that …

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NACC Rules Transport Secretary ‘Unusually Rich’

The Bangkok Post has reported here that a subcommittee of the National Anti-Corruption Commission (NACC) has charged suspended secretary for transport Supoj Saplom as being 'unusually wealthy'. A brief summary of Thai law on unusual wealth can be found here. The …

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NACC Announcement

The Thai National Anti-Corruption Commission (NACC) issued an amendment to its notification (Notification) concerning government contractors’ reporting duties. The original Notification was issued on 11 August 2011 and was published in the Royal Gazette on 15 August 2011. The amended Notification was …

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Corruption Alleged to Have Exacerbated Flooding

The Thai Chamber of Commerce (TCC) announced that state corruption made the recent flooding in Thailand worse than it would have been otherwise. Members of the TCC agreed they would no longer pay bribes to state officials and would closely …

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Thailand Scores Poorly in Corruption Ratings Again

Transparency International (TI) rated Thailand a 3.4 on its corruption perceptions index (CPI) on 1 December 2011.  TI rates the perceived corruption level of countries from 0 to 10, with higher ratings reflecting less corruption, while lower scores reflect higher corruption. Thailand’s …

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NACC Freezes Transport Secretary’s Stolen Cash

The Bangkok Post reported on 23 November 2011 that the National Anti-corruption Commission (NACC) ordered a freeze on 15 million baht allegedly stolen from transport permanent secretary Supoj Saplom’s home while it forms a panel to investigate him for alleged …

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First UK Bribery Act Case Results in Six Year Sentence

In the first case under the UK's Bribery Act, a sentence of as much as six years in prison was imposed against a court clerk, Munir Patel.  Munir Patel was sentenced to six years for 'misconduct in public office' and three years for violating …

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PriceSanond Partner to Speak on FCPA at AMCHAM Program

PriceSanond partner, Douglas Mancill, will be speaking at this year’s American Chamber of Commerce in Thailand (AMCHAM) program on the U.S. Foreign Corrupt Practices Act (FCPA) at 12:00 noon on Monday, 21 November 2011.  Mr. Mancill’s presentation will focus on …

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Hearing on Ex-TAT Gov’s Motion to Dismiss U.S. Indictment – Action Stayed

The motion filed by ex-TAT Governor, Ms. Juthamas Siriwan, and her daughter, Jittisopa Siriwan, to dismiss the U.S. indictment against them has implications that go far beyond their individual case.  Their motion challenges one of the increasing aggressive enforcement measures used by the U.S. Department of …

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TI: China and Russia Top Bribe Payers

Transparency International (TI), a leading and well respected non-governmental organization that monitors and publicizes political and political corruption, reports that Chinese and Russian firms are most likely to bribe abroad according to their recently released Bribe Payers Index for 2011, …

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Motion to Dismiss U.S. Indictment against Siriwans Continued

The hearing on the motion of former TAT Governor Juthamas Siriwan and her daughter, Jittisopa Siriwan, to dismiss the U.S. indictment against them has been continued from 20 October 2011 until 30 November 2011.  The Siriwans’s challenge of the U.S. …

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U.S. Opposes Ex-TAT Gov’s Motion to Dismiss U.S. Indictment

Earlier this month the U.S. filed its opposition to ex-TAT Governor, Ms. Juthamas Siriwan’s, and her daughter, Jittisopa Siriwan’s, motion to dismiss the U.S. indictment against them.  A U.S. court obviously cannot rule on whether the Siriwans violated Thai anti-corruption …

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NACC: Expect Tougher Anti-Graft Measures

“The National Anti-Corruption Commission (NACC) is urging the government and business to prepare for tougher anti-corruption measures”, reports the Bangkok Post on 6 September 2011 in an article about a recent seminar on corruption in Thailand.  This same article reports that “the chairwoman …

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First Case under the UK’s Bribery Act 2010

The first case under the UK’s Bribery Act 2010 has been reported on the Crown Prosecution Service’s blog site. What is of particular interest is that the case was brought for alleged domestic rather international bribery. Further, the case was …

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Anti-Corruption Court Proposed

A proposal to establish a special business court to handle corruption cases has been put forward, reports the 27 August edition of the Bangkok Post. For 2010, Transparency International’s Corruption Perceptions Index ranked Thailand 78 with a score of 3.5, …

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Graft Agency Rules in Film Festival Case

The Bangkok Post reported on 24 August that: “[t]he National Anti-Corruption Commission yesterday formally ruled against former TAT governor Juthamas Siriwan in the film festival bribery case.”  The Americans involved in the film festival scandal were convicted in the U.S. for …

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A Summary of Thai Anti-Corruption Laws

Access the Thai Chapter of the 2013 edition of the Getting the Deal Through’s guide to Anti-Corruption Regulation, authored by PriceSanond lawyers, Douglas Mancill and Wayu Suthisarnsuntorn, by clicking here or clicking below. We also have reports in the Anti-Corruption …

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