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Gregory Smyth's Articles in National, State, Local

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New Thai Law Streamlines Consumer Complaints A new Thai law will soon streamline the process of making complaints for consumers, as August 23 marks the beginning of effectiveness of the Consumer Case Procedures Act. We look at the details of the new law, and using business legal services to help understand the effect of the new law on your company. Forming And Operating A Special Purpose Vehicle State Administration of Foreign Exchange (SAFE) of China is a regulatory act relating to foreign exchange control on financing and round-trip investment by domestic residents through offshore SPVs (special purpose vehicles). SAFE is required for residents or PRC citizen wishing to attain equity in an offshore SPV for the purposes of attracting abroad financing for a domestic company. Thai Legal System and Its Basic Laws The Kingdom of Thailand is a constitutional monarchy with a parliamentary form of government. Thailand uses a Civil Law system and its fundamental laws are demonstrated in acts of parliament. The acts are backed up by different administrative Thai laws and regulations, issued by the Thai Cabinet and permanent ministries of the Thai government.