Securities and Exchange Commission will regulate the Stock Exchange
The laws and regulations that govern Cambodia’s securities market were derived from the Objectives and Principles of the International Organization for Securities Commissions (IOSCO) and the best practices in the region, according to Dr. Ming Bankosal, Director General of the SECC. … the SECC which is the regulatory body that governs the Cambodia Securities Exchange (CSX) has been established and licenses the securities firms to operate as underwriters, dealers, brokers and investment advisors that act as intermediaries with the public to carry out buy and sell orders for stock transactions. The SECC was established in 2008. … The SECC is governed, in turn, by a Commission chaired by the Deputy Prime Minister Keat Chhon, Minister of Economy and Finance and includes representatives from the Ministry of Economy and Finance Dr. Aun Porn Moniroth, the National Bank of Cambodia, the Council of Ministers, the Ministry of Commerce, the Ministry of Justice, the Director General of The SECC and two private sector representatives, Dr. Ghanty Sam and Dr. Sam Sok Khon. According to the law “The Minister of Economy and Finance is automatically the chairman and the members have a five-year mandate,” Dr. Bankosal said. …
