FM to NGOs: Submit financials

5 May 2023
The Phnom Penh Post
Civil society / Laws and regulations / Ministry of Foreign Affairs and International Cooperation / Non-governmental organizations
Annual financial reports / Financial Action Task Force (FATF) / Law on Accounting and Auditing / Law on Association and Non-Governmental Organisations (Lango)

Foreign minister Prak Sokhonn urged international NGOs to respect Cambodia’s Law on Accounting and Auditing, noting that less than 50 per cent of them have submitted their required annual financial reports. While presiding over the opening of the third round of consultative meetings with foreign NGOs on May 3, Sokhonn said their compliance with the laws would contribute to the prevention of Cambodia from falling back into the “grey list” of the Financial Action Task Force (FATF) – an intergovernmental body set up to develop policies to combat international money laundering and financing of terrorism. …

 Sok Raksa
https://www.phnompenhpost.com/national/fm-ngos-submit-financials