Nationwide crackdown launched on illegal nominee shareholders and land holdings
USTR keeps Thailand on IP watch list in its 2026 Special 301 Report
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USTR keeps Thailand on IP watch list in its 2026 Special 301 Report
11 Sept 05:41Key points summarised by AI
Thailand remains on the USTR's IP Watch List in the 2026 Special 301 Report, alongside 17 other countries, signaling continued scrutiny of its intellectual property protection efforts.
The USTR acknowledged Thailand's determination to improve IP protection, including legislative amendments and preparations for international treaties, but urged stronger suppression of online piracy, resolution of IP application backlogs, and prevention of false IP fee claims.
Thailand's Department of Intellectual Property reported significant enforcement actions, including 332 lawsuits against offenders and the seizure of 1.3 million pirated items worth over 2.3 billion baht, alongside public education campaigns.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Today 15:20Key points summarised by AI
Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.