Background
Government bond intermediaries are licensed or authorized market participants that facilitate transactions in sovereign debt instruments within the securities market. In Cambodia, the Securities and Exchange Regulator of Cambodia oversees licensing and authorization for securities business activities, including entities permitted to participate in the government bond market.
Cambodia’s securities regulatory system includes public disclosure of licensed and authorized entities so market participants can verify official status through regulator-maintained records. Government securities form part of the state’s capital market infrastructure by providing a regulated channel for public debt issuance and market intermediation.
Key Developments
On 10 April 2026, the Securities and Exchange Regulator of Cambodia announced that it had granted authorization to SBI Royal Securities Plc. to act as a Government Bond Intermediary.
The company address listed by the regulator is Phnom Penh Tower, No. 445, Preah Monivong Boulevard, Sangkat Boeung Pralit, Khan 7 Makara, Phnom Penh.
SERC also directed the public to its official listing of companies that have received licenses or authorizations from the regulator.
Implications
The authorization formally adds SBI Royal Securities Plc. to the group of entities permitted by SERC to operate as government bond intermediaries. For investors, issuers, and counterparties, the announcement supports regulatory verification of the firm’s status through the regulator’s published records.
The update also reflects the use of entity-specific authorizations within Cambodia’s securities market governance framework. Public notice of authorizations helps market users distinguish approved intermediaries from unlicensed operators.
Official Source
Securities and Exchange Regulator of Cambodia announcement dated 10 April 2026: source.
SERC list of licensed or authorized companies: https://www.serc.gov.kh/khmer/m52.php?pn=6
