News
Specialised group formed to tackle money laundering
In a proactive move to safeguard against money laundering, terrorist financing and the funding of weapons of mass destruction (WMD), the Ministry of Justice has established a specialised working group. ... ...
Hang Punreay
https://www.khmertimeskh.com/501474065/specialised-group-formed-to-tackle-money-laundering/
IMF lauds Cambodia’s fiscal vigor, anti-laundering efforts
The International Monetary Fund’s (IMF) Article IV Consultation team has recognised Cambodia for its robust actions against money laundering and terrorism financing. ... ...
Post Staff
https://www.phnompenhpost.com/national/imf-lauds-cambodias-fiscal-vigor-anti-laundering-efforts
FM to NGOs: Submit financials
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 ...
Sok Raksa
https://www.phnompenhpost.com/national/fm-ngos-submit-financials
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
Cambodia remains vulnerable to money laundering: FATF
Cambodia is finding it hard to shake off its reputation as a ‘haven’ for dirty money. Despite the government’s best efforts, the Kingdom remains among the countries most vulnerable to the flow of illegal money, according to the latest report coming from the Financial Action Task ...
Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50656242/cambodia-remains-vulnerable-to-money-laundering-fatf/
Cambodia stuck on money laundering blacklist
Cambodia has been listed as the highest-risk nation in ASEAN, and ranks sixth globally, for its susceptibility to money laundering and terrorism financing in a recently released global index that charts the vulnerability of 149 nations. ... ...
Kali Kotoski
http://www.phnompenhpost.com/business/cambodia-stuck-money-laundering-blacklist
Money launderer’s dream
Cambodia's anti-money laundering agency is unable to investigate or penalise financial institutions that break the law, leaving the country open to exploitation by organised crime, according to a senior official in the unit.The Financial Action Task Force (FATF) – the top international anti-money laundering and ...
Daniel Pye
http://www.phnompenhpost.com/national/money-launderers-dream
Body notes ‘significant’ anti-laundering strides
An inter-governmental anti-money laundering group has stopped monitoring Cambodia after it said the Kingdom had made “significant progress” toward fighting financial crimes. ... ...
Daniel Pye
http://www.phnompenhpost.com/body-notes-significant-anti-laundering-strides
