Background
Prakas No. 040 (issued 12 May 2026) provides a formal regulatory framework for authorising and managing securities intermediaries under the Securities and Exchange Regulator of Cambodia. The instrument defines application formats, required attachments, and procedural steps for granting or renewing intermediary authorisations.
The prakas assigns the regulator responsibility for setting conditions and duties applicable to intermediary firms and related persons, and it centralises submissions through the regulator’s prescribed forms. Individuals who intend to act as securities intermediaries must apply to the Securities and Exchange Regulator of Cambodia using the specified application form and supporting documents.
Scope of Application
Prakas No. 040 applies to entities and individuals seeking authorisation to operate as securities intermediaries and to persons otherwise involved in intermediary functions within the Cambodian securities sector. The directive covers initial approvals, renewals, and the definition of attendant responsibilities for authorised intermediaries.
Key Provisions or Decisions
The prakas sets out procedural requirements for submitting authorisation requests, including prescribed forms and required attachments. It also clarifies that the regulator will determine the conditions for granting and renewing permissions and defines duties that authorised intermediaries and related persons must observe under the securities regulatory framework.
Implications for Investors, Businesses, or Compliance
Firms and individuals planning to provide intermediary services in the securities market must prepare applications in the format prescribed by the regulator and assemble the supporting documentation specified by the prakas. Compliance teams and market entrants should treat the prakas as the governing reference for licensing procedures and organisational obligations within the securities intermediary function.
Official Source
The Securities and Exchange Regulator of Cambodia announced the approval and use of Prakas No. 040 on 12 May 2026. For enquiries, contact the Regulator’s Intermediaries Supervision Department by phone at 023 885 611 or by email at intermediaries@serc.gov.kh. Further distribution of updates is available via the regulator’s Telegram channel at https://t.me/sercambodia.
