Background
The Securities and Exchange Regulator of Cambodia (SERC) supervises companies regulated under its mandate and organizes sector events to communicate regulatory achievements and strategic priorities. The Non‑Bank Financial Services Authority (FSA) council is chaired by H.E. Dr. Aun Pornmoniroth, who serves as Deputy Prime Minister and Minister of Economy and Finance.
Policy guidance presented at the forum emphasizes the Securities Sector Development Strategy 2025–2035 as the strategic framework that will guide market development, product diversification, and ecosystem strengthening through 2035. Recommendations announced at the event focused on four system-level elements: market infrastructure digitalization, regulatory technology adoption, strengthened compliance and AML/CFT measures, and regional and international market integration.
Scope of Application
The forum and the recommendations apply to SERC-regulated entities and market participants including securities intermediaries, listed companies, central counterparties, credit rating agencies, insurance companies, and participants in securities fintech sandboxes. Development partners, relevant ministries, diplomatic missions, industry associations, legal and audit firms, and higher-education institutions with finance expertise were also included among invited stakeholders. The event recorded approximately 500 participants and featured exhibition booths from 30 companies regulated by SERC.
Key Provisions or Decisions
Senior officials and SERC leadership set out four priority directions for the securities sector that were publicly recommended by H.E. Dr. Aun Pornmoniroth:
- Continue implementation of the Securities Sector Development Strategy 2025–2035 with a focus on strengthening the financial ecosystem, diversifying securities products, and broadening market depth and participation.
- Accelerate digitalization of market infrastructure through adoption of advanced financial technologies, including APIs and open APIs, big data, cloud computing, smart contracts, and digital trading tools.
- Strengthen compliance and risk management by enforcing professional codes of conduct, corporate governance standards, and AML/CFT measures; and by exploring Regulatory Technology (RegTech) and Supervisory Technology (SupTech) to enhance market monitoring and data protection.
- Promote regional and international market integration through information sharing, capacity building, and cooperation on enforcement to align market practices and regulatory frameworks with regional and global principles.
Implications for Investors, Businesses, or Compliance
Market intermediaries and listed companies should expect an increased emphasis on digital infrastructure and on compliance standards tied to corporate governance and AML/CFT obligations. SERC’s indicated interest in RegTech and SupTech signals an institutional move toward technology-assisted supervision and real-time market monitoring. Investors and service providers may see expanded product opportunities if diversification and market-broadening measures under the 2025–2035 strategy are implemented as recommended.
Official Source
Primary source: Securities and Exchange Regulator of Cambodia Facebook post, 29 September 2026 — available at: https://www.facebook.com/serc.gov.kh/posts/pfbid029gycVGeGrCiBhu6YiAyLZHjr9CdoNrauYKnYrnh1iiEgnPQQR5ksQyKjaYyd7fBKl
