News

Kingdom’s efforts to prevent money laundering stepped up for ‘grey list’ exit

The National Committee to Combat Money Laundering and the Financing of Terrorism and Proliferation of Weapons of Mass Destruction has instructed all units acting as judicial authorities to set up standard operating procedures and cooperate with relevant institutions in their investigations. ...

Voun Dara
https://www.phnompenhpost.com/national/kingdoms-efforts-prevent-money-laundering-stepped-grey-list-exit

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

Contact us

Contact us

Do you have questions on the content published by Open Development Cambodia (ODC)? We will gladly help you.

Have you found a technical problem or issue on the Open Development Cambodia (ODC) website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Cambodia (ODC) website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

File was deleted
ERROR!

Disclaimer: Open Development Cambodia (ODC) will thoroughly review all submitted resources for integrity and relevancy before the resources are hosted. All hosted resources will be in the public domain, or licensed under Creative Commons. We thank you for your support.

95BUR
* The idea box couldn't be blank! Something's gone wrong, Please Resubmit the form! Please add the code correctly​ first.

Thank you for taking the time to get in contact!