News
Govt issues new guidelines for anti-money laundering
The Cambodian government has issued new guidelines on anti-money laundering (AML). ...
Rachel David
https://www.khmertimeskh.com/501450451/govt-issues-new-guidelines-for-anti-money-laundering/
Cambodia removed from the FATF’s grey list
Cambodia has been taken off the grey list of the global money-laundering and terrorist-financing watchdog, having worked to curb money laundering, terrorism financing, and proliferation financing in the country. ...
Torn Chanritheara
https://cambodianess.com/article/cambodia-removed-from-the-fatfs-grey-list
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-fraud software firm draws major clients
A year after a local technology company introduced new software to combat financial crime in Cambodia, four banks have started using the system to fight against money laundering and terrorism financing, the company’s executive said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/anti-fraud-software-firm-draws-major-clients
Correspondent banking in retreat, but growing in Asia
While financial inclusion is a top priority for emerging economies, new research suggests more stringent enforcement of anti-money regulations in recent years has resulted in major Western banks disconnecting from these regions, leaving local businesses without access to the international financial system. ...
Cam McGrath
http://www.phnompenhpost.com/business/correspondent-banking-retreat-growing-asia
Software for cleaner money
Tess International, a Malaysia-based provider of software solutions for the financial sector, signed a distributor agreement yesterday with Cambodian management consulting and business technology firm IdeaLink Consulting to provide software to Cambodian banks and microfinance institutions that helps them combat financial crimes. ...
Hor Kimsay
http://www.phnompenhpost.com/business/software-cleaner-money
