Publication
Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Global | Publication | November 2024
On 21 October 2024, the Cabinet of Thailand issued “Notification regarding Measures for Prevention and Suppression of Human Trafficking in Business Premises, Factories, and Vehicles” (the Cabinet Notification). The Cabinet Notification aims to protect employees' rights and liberties and prevent forced labour activities in business premises, factories or vehicles. According to the Cabinet Notification, the following premises shall be subject to measures for prevention and suppression of human trafficking:
As a result, all employers, business operators and/or business owners operating any of the above premises must comply with the key measures set out in the Cabinet Notification. These key measures include:
The Cabinet Notification places clear responsibility on business owners and operators to actively participate in preventing and reporting potential human trafficking activities within their operations. Failure to comply with the above measures may expose business owners and operators to potential penalties specified under the Anti-Human Trafficking Act.
Publication
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
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