Background
The Securities and Exchange Regulator of Cambodia (SERC) issues authorizations that permit companies to operate as intermediaries in the government bond market. A government bond intermediary is an authorized market participant that facilitates transactions in government-issued securities between issuers and investors.
SERC maintains public records of licensed and authorized firms on its website, and authorization is a formal regulatory step that defines which broker-dealers may participate in government bond distribution and intermediation. The regulator’s authorizations form part of the licensing framework that governs market access, reporting responsibilities, and compliance obligations for securities firms operating in Cambodia.
Scope of Application
The authorization applies to the licensed firm named by SERC to perform intermediary functions specifically for government securities. The scope covers the firm’s participation in government bond market activities permitted under SERC oversight and is applicable to the licensed entity at its registered operating address.
Key Provisions or Decisions
On the date of publication, SERC granted authorization to Yuanta Securities (Cambodia) Plc, located at 4th Floor, Emerald Building, No. 64 (corner St. 178), Preah Norodom Blvd, Sangkat Chey Chumneah, Khan Daun Penh, Phnom Penh, to act as a Government Bond Intermediary. SERC published a consolidated list of companies that have received licenses or authorizations on its website at https://www.serc.gov.kh/khmer/m52.php?pn=6.
Implications for Investors, Businesses, or Compliance
Investors seeking access to government securities will have an additional SERC-authorized intermediary through which to route transactions and obtain market services. Securities firms engaging in government bond activities must ensure their service arrangements and client-facing operations align with the firm’s registered authorization and any reporting or compliance requirements set by SERC.
Official Source
Primary source: Securities and Exchange Regulator of Cambodia social post and SERC license list: https://www.serc.gov.kh/khmer/m52.php?pn=6. SERC also shared the announcement via its official Telegram channel at https://t.me/sercambodia.
