Thailand Archives

In AML & Financial Services Regulatory

Thailand: Regulations on Cryptocurrency and Digital Token Offerings

September 16, 2023 by 1 Min Read

In 2022 and 2023, following the collapse of the key global players in the crypto industry, regulators around the world closely scrutinized crypto activities and tightened the regulations for digital asset businesses. This tightening primarily concerns the protection and segregation of customers’ assets, which has become standard practice since the crypto crash. To keep up with the dynamic and evolving regulatory developments, we have revised this publication to provide an updated overview of regulations pertaining to digital assets in Thailand.

In Tax

Asia Pacific: 37th Annual Tax Conference | 19-20 September 2023 | The Athenee Hotel, Bangkok

Asia Pacific tax authorities are actively seeking to reduce tax leakages, non-compliance, and what they perceive to be tax avoidance activities. To help you position your business for success in an era of ever-changing tax rules and intense scrutiny, our subject matter experts from across the region and globally will come together to examine key developments. We will discuss the impact of emerging trends and current issues on your business models and strategies, sharing practical tips on how you can maximize opportunities to achieve the best risk mitigation outcomes.

In Product Regulation & Liability

Thailand: FDA issues regulation for cosmetic refill stations

September 9, 2023 by 2 Mins Read

The Food and Drug Administration (FDA) has issued the Notification of the Ministry of Public Health Re: Prescribe Types of Cosmetics, Criteria, Methods and Conditions for Refill Stations, B.E. 2566 (2023) and the Cosmetic Committee Announcement Re: Labeling of Cosmetic at Refill Stations, B.E. 2566 (2023). Both notifications were published in the Government Gazette on 23 August 2023 and will become effective on 21 November 2023. These notifications are intended to be in line with the global Bio-Circular-Green Economy trend, which seeks to reduce plastic waste and promote the recycling of plastic.

In ESG

Thailand: Key environmental legislation in the making – A new drive towards a more sustainable future (Part I)

September 3, 2023 by Nam-Ake Lekfuangfu, Bulin Sanooj, Peerapan Tungsuwan, Varutt Kittichungchit, Muanjit Chamsilpa and Dhirananta Rithmanee 5 Mins Read

In recent years, environmental issues have been increasingly prioritized, leading to positive results in the development of national policies in Thailand. Many draft environmental legislations, which were previously stalled, are now regaining momentum as key enablers to drive Thailand towards a more sustainable future.

In Environment

Thailand: Establishment of the Department of Climate Change and Environment

September 3, 2023 by Nam-Ake Lekfuangfu, Bulin Sanooj, Peerapan Tungsuwan, Narawit Rujanant, Muanjit Chamsilpa and Dhiranantha Rithmanee 2 Mins Read

As a key step in combating the climate change crisis, the Thai government has recently established the Department of Climate Change and Environment within the Ministry of Natural Resources and Environment. This central government agency is dedicated to focusing on the country’s climate change efforts.

In ESG

Thailand: Sustainability Solution – Why ESG matters? (Video chat)

September 1, 2023 by Nam-Ake Lekfuangfu and Panyavith (Taro) Preechabhan 1 Min Read

“Sustainability Solution EP.1 – Why ESG matters” is presented by our partners Nam-Ake Lekfuangfu and Panyavith (Taro) Preechabhan. In this episode, our team discusses the rise of ESG, its importance, and what this would mean for companies going forward. This video is in Thai with English subtitles.

In ESG

Thailand: Sustainability Solution – Carbon Border Adjustment Mechanism (Video chat)

September 1, 2023 by Bulin Sanooj, Ornsiri Samarnmitr and Nam-Ake Lekfuangfu 1 Min Read

“Sustainability Solution EP.3: Carbon Border Adjustment Mechanism” is presented by partners from our ESG team: Bulin Sanooj, Ornsiri Samarnmitr and Nam-Ake Lekfuangfu. In this episode, our team discusses the Carbon Border Adjustment Mechanism and what this could mean for businesses outside of the European Union. This video is in Thai with English subtitles.

In ESG

Thailand: Sustainability Solution – Environmental Jargon (Video chat)

September 1, 2023 by Bulin Sanooj, Ornsiri Samarnmitr and Nam-Ake Lekfuangfu 1 Min Read

“Sustainability Solution EP.4: Environmental Jargon” is presented by partners from our ESG team: Bulin Sanooj, Ornsiri Samarnmitr, Nam-Ake Lekfuangfu and our Environmental Specialist Dhiranantha Rithmanee. In this episode our team demystifies technical terminology related to the environment and climate change. This video is in Thai with English subtitles.

In ESG

Thailand: Sustainability Solution – Thai investment agency’s move to promote sustainability (Video chat)

September 1, 2023 by Nam-Ake Lekfuangfu, Jaywon Yi and Chana Sooppipat 1 Min Read

“Sustainability Solution EP.5: Thai investment agency’s move to promote sustainability” is presented by our Sustainability partner Nam-Ake Lekfuangfu, Chana Sooppipat and Jaywon Yi from our Corporate practice group, who are experienced in foreign investment. In this episode, our team discusses promotion schemes offered by the Board of Investment of Thailand related to sustainability, covering various industries. This video is in Thai with English subtitles.

In ESG

Thailand: Sustainability Solution – The First E in ESG (Environmental) (Video chat)

September 1, 2023 by Bulin Sanooj, Ornsiri Samarnmitr and Nam-Ake Lekfuangfu 1 Min Read

“Sustainability Solution EP.2: The First E in ESG – Environmental” is presented by partners from our ESG team: Bulin Sanooj, Ornsiri Samarnmitr and Nam-Ake Lekfuangfu. In this episode, our team discusses the environmental aspect of ESG, recent developments, and why it matters for businesses to pay close attention to these issues now. This video is in Thai with English subtitles.