Government Amends Anti-Money Laundering Law
The Council of Ministers on Friday approved a draft law amending three articles in the law on anti-money laundering and the financing of terrorism in order to make Cambodia more investment-friendly. … Last month, the National Bank of Cambodia’s Financial Intelligence Unit (FIU), law enforcement officials and private banks held a weeklong training program, supported by the British Embassy, aimed at arming Cambodian authorities with the knowledge needed to stop the exploitation of the country’s light regulations on financial crime. …
