News
Anti-money laundering laws relayed in campaign
An awareness campaign communicating the details of two new anti-money laundering laws launched by several ministries has been underway ahead of Cambodia’s Financial Action Task Force (FATF) evaluation, in which the Kingdom is expected to be removed from the organisation’s money laundering “grey list”. ...
Mom Kunthear
https://www.phnompenhpost.com/national/anti-money-laundering-laws-relayed-campaign
Cultivate ‘cooperative spirit” in money-laundering fight: Sar Kheng
Minister of Interior Sar Kheng on January 6 told working groups at relevant ministries and institutions to cultivate their “cooperative spirit” to more effectively prevent and combat money laundering and related offenses. ...
Lay Samean
https://www.phnompenhpost.com/national/cultivate-cooperative-spirit-money-laundering-fight-sar-kheng
Anti-money laundering draft law approved
Cambodia’s draft law of anti-money laundering bill has been approved today at the Council of Ministers meeting chaired by Prime Minister Hun Sen. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50723656/anti-money-laundering-draft-law-approved/
Cambodia, China sign new MoU on money laundering
Cambodia and China last week signed an agreement to exchange financial intelligence to combat money laundering and terrorism financing, though experts said the Kingdom should still be doing more to tackle an issue that has long persisted in the country, in part, due to local ...
Yesenia Amaro
http://www.phnompenhpost.com/national/cambodia-china-sign-new-mou-money-laundering
Money launderer’s dream
Cambodia’s anti-money laundering agency is unable to investigate or penalise financial institutions that break the law, leaving the country open to exploitation by organised crime, according to a senior official in the unit.The Financial Action Task Force (FATF) – the top international anti-money laundering and ...
Daniel Pye
http://www.phnompenhpost.com/national/money-launderers-dream
Jailed UK Businessman Faces Fresh Charges
The Banteay Meanchey Provincial Court laid fresh charges of money laundering on the detained chairman of an embattled British investment firm on Friday, the same day that a provincial official was arrested in relation to fraud charges the businessman was already facing, a court official ...
Kuch Naren
http://www.cambodiadaily.com/news/jailed-uk-businessman-faces-fresh-charges-50494/