Background
The Securities and Exchange Regulator of Cambodia (SERC) is the national authority responsible for supervising and developing Cambodia’s securities market and its institutional framework. On 2 September 2026 SERC signed a Memorandum of Agreement with the Association of Chartered Certified Accountants (ACCA) to cooperate on financial reporting, sustainability disclosures, capacity building, professional development, and international cooperation.
The MoA establishes a formal framework for knowledge sharing and technical collaboration between a national regulator and an international professional body focused on accounting and assurance standards. The agreement specifically targets improvements in financial reporting, sustainability disclosure practices, and human capital foundations for market participants in Cambodia’s securities sector.
Key Developments
The signing took place at the NBFSA Building in Phnom Penh with H.E. Sou Socheat representing SERC and Mr Aucky Pratama representing ACCA. The ceremony was held on 2 September 2026 with the prior authorization of H.E. Dr. Aun Pornmoniroth, and involved approximately 90 participants from SERC, ACCA, the General Secretariat of the NBFSA, the National Bank of Cambodia, the Cambodia Financial Intelligence Unit, listed companies, audit firms, and independent auditors.
In conjunction with the MoA signing, a knowledge-sharing seminar focused on foundational human capital development for the securities market was delivered to participants. Officials from both organizations highlighted cooperation on standards alignment, technical training, and international engagement as central elements of the agreement.
Institutional Role
SERC will act as the domestic regulatory anchor for the cooperation framework described in the MoA, coordinating with market participants and subordinate entities. ACCA will provide regional professional expertise and public-affairs support aimed at professional development, technical training on financial reporting and sustainability disclosure, and sharing international best practices.
The agreement identifies concrete system-level elements including capacity-building programmes for auditors and market professionals, promotion of consistent financial reporting practices, and support for sustainability disclosure frameworks relevant to listed companies and service providers in the securities ecosystem.
Market Impact
The MoA creates formal channels for training, knowledge sharing, and alignment with international professional standards as set out in the agreement, which are intended to support the orderly development of Cambodia’s securities market infrastructure. By documenting the cooperation framework, the agreement provides a reference point for future technical assistance, professional training schedules, and cross-border engagement between Cambodian regulators and international bodies.
Source
Summary based on the SERC announcement posted to its official channels on 2–4 September 2026 (see source URL).
