Thailand has taken a significant step to strengthen oversight of foreign investment structures with the issuance of Department of Business Development (“DBD”) Order No. 1/2569, effective 1 April 2026. The measure reflects a clear shift in regulatory approach—from a formal, shareholding-based assessment toward a more substantive analysis of ownership, control, and economic reality—reinforcing longstanding policy … Continue reading Thailand Intensifies Scrutiny of Nominee Structures in Foreign Investment