SECC sets minimum capital requirement

The Securities and Exchange Commission of Cambodia (SECC) has set a minimum capital requirement for securities firms… A statement from the SECC, released yesterday, said that securities underwriters are required to hold a minimum of 40 billion riel of their shareholder’s equities… It also requires securities firms to maintain a net capital ratio not lower than 150 per cent and required them to report on the status of the net capital of their company.

http://www.phnompenhpost.com/index.php/2012052456352/Business/secc-sets-min-capital-requirement.html