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Articles by Nutavit Sirikan
Thailand Issues New Credit-Term Rules For Large Purchasers From SMEs
On October 2, 2026, the Trade Competition Commission of Thailand (TCCT) issued a new notification on fair trade practices concerning credit terms where large businesses, including large wholesale and retail businesses, purchase goods or services from small and medium-sized enterprises (SMEs). The notification will take effect on November 2, 2026. The new notification follows continued complaints from SMEs in Thailand about large businesses’ noncompliance with existing credit-term rules.
Thailand Proposes Competition Settlement Reforms
On September 23, 2026, the Trade Competition Commission of Thailand (TCCT) launched a one-month public consultation period on a proposed notification that would overhaul how antitrust offenses under the Trade Competition Act B.E. 2560 (2017) are settled and penalized. The draft notification would replace the existing 2019 settlement framework with more detailed procedures, introduce offense-specific methods for fine calculation, and add tiered deterrence multipliers.
Thailand Seeks Comments On Proposed Merger Control And Market Dominance Rules
On September 22, 2026, the Trade Competition Commission of Thailand (TCCT) opened a one-month public consultation period on proposed amendments to three key competition regulations, covering (1) the criteria for determining market dominance, (2) the definition of “monopoly” under Thailand’s premerger approval regime, and (3) the definition of a merger that may substantially lessen competition under Thailand’s postmerger notification regime. The public hearing period closes on October 21, 2026.
Thailand Seeks Input On Competition Guidelines For Digital Platforms, Modern Trade, And On-Demand Delivery
Tilleke & Gibbins are most popular: within Cannabis & Hemp, Government, Public Sector and International Law topic(s) in China On July 31, 2026, the Trade Competition Commission of Thailand (TCCT) launched a one-month public consultation period on proposed regulatory guidelines for competition in three business segments: (1) digital platforms; (2) modern trade and credit terms; and (3) ride-hailing and on-demand delivery, including food delivery and mart/quick commerce.
Bank Of Thailand’s Cash, Gold, And Digital Asset Controls Combating The Grey Economy
Tilleke & Gibbins are most popular: within Cannabis & Hemp, International Law and Consumer Protection topic(s) in Asia On July 11, 2026, media reports conveyed key messages from Bank of Thailand (BOT) Governor Vitai Ratanakorn’s announcement of a sweeping regulatory crackdown on grey capital activities. The measures target high-value cash transactions, gold trading, and stablecoin flows, with new requirements set to take effect in the fourth quarter of 2026.
Thailand Intensifies Competition Enforcement In Specific Sectors
Kobkit Thienpreecha’s articles from Tilleke & Gibbins are most popular: within Antitrust/Competition Law topic(s) in Asia in Asia with readers working within the Chemicals industries Tilleke & Gibbins are most popular: within Antitrust/Competition Law, Cannabis & Hemp and International Law topic(s) On July 7, 2026, the Trade Competition Commission of Thailand (TCCT) issued a press release announcing the establishment of two new subcommittees designed to intensify oversight of digital...
Thailand Issues New Competition Guidelines For Multi-Sided And E-commerce Platforms
TG Tilleke & Gibbins More Tilleke & Gibbins is a leading Southeast Asian regional law firm with over 250 lawyers and consultants practicing in Cambodia, Indonesia, Laos, Myanmar, Thailand, and Vietnam. We provide full-service legal solutions to the top investors and high-growth companies that drive economic expansion in Asia.
Thailand Adds Digital Asset Operators To Institutional Investor Definition
Tilleke & Gibbins are most popular: within Cannabis & Hemp, International Law and Transport topic(s) Thailand's Securities and Exchange Commission (SEC) has broadened the definition of institutional investors, expanded the types of qualifying investments, and updated financial qualification thresholds for various investor categories through a revised notification on the definitions of institutional investors, ultra-high net worth investors, and high net worth investors.
Thailand's Competition Law: What To Watch In The Year Ahead
Kobkit Thienpreecha’s articles from Tilleke & Gibbins are most popular: in Asia in Asia Tilleke & Gibbins are most popular: within Cannabis & Hemp and International Law topic(s) The past year has been an important one for the Trade Competition Commission of Thailand (TCCT).
Thailand Invites Feedback On Draft Rules For Advance Competition Decisions
Kobkit Thienpreecha’s articles from Tilleke & Gibbins are most popular: in Asia in Asia Tilleke & Gibbins are most popular: within Cannabis & Hemp and International Law topic(s) On February 4, 2026, the Trade Competition Commission of Thailand (TCCT) released a draft notification outlining updated criteria and procedures for requesting advance decisions under section 59 of the Trade Competition Act (TCA). This draft is now open for public comment through the TCCT website until March 5, 2026.
Thailand Seeks Comments On Draft Trade Practice Guidelines For E-commerce
TG Tilleke & Gibbins More Tilleke & Gibbins is a leading Southeast Asian regional law firm with over 190 lawyers and consultants practicing in Cambodia, Indonesia, Laos, Myanmar, Thailand, and Vietnam. We provide full-service legal solutions to the top investors and high-growth companies that drive economic expansion in Asia.
Thailand Invites Stakeholder Feedback On Credit Term Guidelines
On July 3, 2025, the Trade Competition Commission of Thailand (TCCT) officially announced an invitation for stakeholders to participate in a public survey to gather feedback on the flexibility and appropriateness of credit terms across different business sectors for goods and services. The TCCT initially introduced guidelines on unfair trade practices related to credit terms applicable to small and medium-sized enterprises (SMEs) in 2021, with amendments following in 2022.
Thailand Developing Competition Guidelines On Unfair Trade Practices In E-Commerce
On May 21, 2025, the Trade Competition Commission of Thailand (TCCT) published a press release signaling heightened regulation of digital platforms in response to the influx of products from foreign countries being sold in Thailand via e-commerce platforms.
Key Findings From OECD Review Of Thailand's Competition Law
TG Tilleke & Gibbins More Tilleke & Gibbins is a leading Southeast Asian regional law firm with over 190 lawyers and consultants practicing in Cambodia, Indonesia, Laos, Myanmar, Thailand, and Vietnam. We provide full-service legal solutions to the top investors and high-growth companies that drive economic expansion in Asia.
New Thai SEC Guidelines Simplify Market Entry For Foreign Securities Businesses
On September 18, 2024, Thailand's Securities and Exchange Commission (SEC) issued comprehensive guidelines to make it easier for foreign business operators to provide investment services in Thailand. These guidelines are designed to support Thailand's goal of becoming a global financial hub and align with government efforts to enhance the ease of doing business.
Lex Mundi Global Merger Notification Guide 2023 – Laos, Myanmar, Thailand - Corporate and Company Law - Thailand
Attorneys from Tilleke & Gibbins have prepared the Laos, Myanmar, and Thailand sections of the recently released Global Merger Notification Guide from Lex Mundi. The guide provides answers to key questions related to the merger notification requirements in jurisdictions of Lex Mundi member firms in 57 jurisdictions around the world.
Thailand Tightens Qualifications For Payment Service Operators
The Bank of Thailand (BOT) has issued new notifications amending regulations for payment businesses that fall under the Payment Systems Act B.E. 2560 (2017) to promote transparency and good governance in the payment industry.
Thailand’s Competition Law and Regulations: Background and Outlook for 2023
Thailand has a robust legal framework for competition, with laws and regulations in place to prevent anticompetitive conduct and market concentration and to promote fair competition. However, as the business environment in the country continues to evolve, it is important for companies operating in Thailand to stay informed about the latest developments in competition laws and regulations.
Thailand Issues Regulation on Language and Other Content in Advertisements
Thailand has issued a regulation on advertising content—including language-related requirements—securing the right of consumers to clear and fair advertising.
New Competition Regulations for Thailand’s Energy Sector
Thailand’s Energy Regulatory Commission (ERC) has issued four new regulations under the Energy Business Act B.E. 2550 (2007) setting forth competition regimes to control both anticompetitive conduct and market structure in the energy business sector. The regulations were published in the Government Gazette on December 19, 2022, and took effect the following day.
Thailand Tightens Rules for Consumer Loan Agreements
The Contract Committee of Thailand’s Consumer Protection Board has issued new requirements and prohibitions for consumer loan agreements. The Notification of the Contract Committee Re: Stipulation of Loan Business for Consumers as a Contract-Controlled Business B.E. 2565 (2022) was published in the Government Gazette on December 13, 2022, and will take effect after 90 days (i.e., on March 13, 2023).
Thailand Tightens Definition of SMEs Eligible for Special Protection from Unfair Credit Terms
Thailand’s Trade Competition Commission has amended the guidelines prohibiting large purchasers from setting unfair credit terms for small and medium-sized enterprises (SMEs). The new guidelines, which were published in the Government Gazette on August 17, 2022, revise the definition of SMEs and clarify the duties of concerned parties.
Thailand’s SEC to Update Definitions of Institutional and High-Net-Worth Investors
The Securities and Exchange Commission of Thailand (SEC) will refresh its definitions of institutional, high-net-worth (HNW), and ultra-high-net-worth (UHNW) investors according to its recently issued Notification No. Kor Jor 39/2564, effective on October 1, 2022. The key changes to these classifications are described below. Institutional Investors The SEC’s list of types of institutional investors will be expanded by the addition of the following four types: Venture capital.
Bank Of Thailand To Update Foreign Exchange Business Regulations
Thailand: Bank Of Thailand To Update Foreign Exchange Business Regulations 14 December 2021 by Kobkit Thienpreecha , Thammapas Chanpanich and Nutavit Sirikan Tilleke & Gibbins To print this article, all you need is to be registered or login on Mondaq.com. On November 23, 2021, Thailand's cabinet approved in principle the amended Ministerial Regulation No. 13 issued under the Exchange Control Act, B.E. 2485 (1942), as amended (ECA).
New Guidelines Prevent Large Purchasers From Setting Unfair Credit Terms For SMEs In Thailand
Thailand: New Guidelines Prevent Large Purchasers From Setting Unfair Credit Terms For SMEs In Thailand 25 June 2021 by Kobkit Thienpreecha and Nutavit Sirikan Tilleke & Gibbins To print this article, all you need is to be registered or login on Mondaq.com. Thailand's Trade Competition Commission (TCC) has adopted new guidelines on unfair trade practices regarding the credit terms under which small and medium enterprises (SMEs) sell products or services to a purchaser.
Thailand's Trade Competition Commission To Regulate Food Delivery Platforms
Thailand: Thailand's Trade Competition Commission To Regulate Food Delivery Platforms 07 April 2021 by Kobkit Thienpreecha and Nutavit Sirikan Tilleke & Gibbins To print this article, all you need is to be registered or login on Mondaq.com. Thailand's Trade Competition Commission (TCC) has issued new rules governing business relations between food delivery platform operators and the restaurants operating through those platforms.
The Effects Of Thailand's Competition Law And Its Application To The Food Delivery Market
To print this article, all you need is to be registered or login on Mondaq.com. Thailand's long-awaited new Trade Competition Act B.E. 2560 (2017) (TCA) came into effect on October 5, 2017, and the legislation's extensive reforms of both substantive and procedural rules from the preceding version of the law have been both effective and revolutionizing.
Fintech law in Southeast Asia | Lexology
2020 Tilleke & Gibbins www.tilleke.com page 1 TABLE OF CONTENTS PAGE 1 4 7 10 14 Cambodia Laos Myanmar Thailand Vietnam CAMBODIA A s the use of fintech in Cambodia continues to flourish, technology developers should look to existing frameworks established by the National Bank of Cambodia (NBC) and Securities and Exchange Commission of Cambodia (SECC) for guidance on best practices.
Thailand's New Categories of Payment Systems and Services: A Practical Guide | Lexology
On October 18, 2017, Thailand published the new Payment System Act B.E. 2560 (2017) in the Government Gazette, and the law came into effect 180 days later on April 16, 2018. This legislation reclassifies payment systems and services into three categories: (1) highly important payment systems such as BAHTNET and Imaged Cheque Clearing and Archive System (ICAS); (2) designated payment systems; and (3) designated payment services.
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