Background
The consultative workshop addressed the “Draft Strategic Plan for Digital Transformation in the Non-Bank Financial Sector 2026–2030” and was held on 28 August 2026 at the Hyatt Regency Phnom Penh under the High Presidency of H.E. Mey Vann. Mr. Chor Rathana, Chief of the Information Technology Management Office at the Accounting and Auditing Regulator (ACAR), led a delegation of technical officers to the workshop.
A strategic plan for digital transformation in the non-bank financial sector defines policy and technical priorities for supervised entities and regulators, including regulatory reporting systems, secure data exchange, and interoperability with national payment and settlement infrastructure. Participation by accounting and auditing regulators in such consultations contributes to aligning financial reporting oversight and IT governance across financial-sector supervisors.
Key Developments
ACAR attended the workshop with the High Permission of H.E. Bou Tharin, Director General of ACAR, and under the High Presidency of H.E. Mey Vann, Secretary of State at the Ministry of Economy and Finance and Secretary-General of the General Secretariat of the FSA. The event functioned as a multi-agency consultative meeting to gather technical input on the draft 2026–2030 plan.
Institutional Role
ACAR’s presence at the consultation reflects its institutional interest in the nexus between accounting/auditing standards and digital reporting capabilities for non-bank financial entities. The General Secretariat of the FSA and the Ministry of Economy and Finance provided high-level oversight and coordination for the consultative process.
Market Impact
Adoption of a coordinated digital transformation plan could influence planning and investment decisions by non-bank financial institutions, particularly in areas such as electronic regulatory filings and secure data exchange protocols. Technical recommendations captured during consultative workshops are likely to inform the final plan’s sequencing of infrastructure and compliance priorities.
Source: ACAR Facebook post, 28 August 2026 (link: https://www.facebook.com/acarcambodia/posts/pfbid02KLfBM8Ec86jk4tJuN3hrh4VnkbMDHrvLSzA5NsCZQJyPeFpkvDdWstFNdSVR7wCdl).
