Background
On 27 February 2023, the Director General of the Trust Regulator, H.E. Sok Dara, participated as a member of the Working Group on Drafting the Cambodia FinTech Development Policy. The session was held under the chairmanship of H.E. Ros Seilava, Secretary of State of the Ministry of Economy and Finance and Chair of the Working Group. The activity forms part of the broader process to prepare a dedicated policy framework for the development of Cambodia’s financial technology sector.
Scope of Application
The meeting focused on the ongoing preparation of the Cambodia FinTech Development Policy. While the detailed scope of the policy is not specified in the update, it is oriented toward the national fintech sector and involves inputs from relevant public institutions, including the Trust Regulator, and development partners.
Key Provisions or Decisions
The working group meeting had two main objectives:
- To report on the working group’s progress in drafting the Cambodia FinTech Development Policy before reaching completion of the first draft.
- To present and discuss the results of a case study and assessment of Cambodia’s fintech sector conducted by an expert from the Asian Development Bank (ADB), delivered via Zoom.
The update does not indicate that any final policy text or formal decisions were adopted at this stage.
Implications for Investors, Businesses, or Compliance
Although no specific measures are announced, the meeting reflects continued inter-agency coordination and technical input toward a national fintech development policy. Once finalized and adopted, that policy may shape the future regulatory and development environment for fintech-related activities, including those connected to the trust sector. At this stage, the information is limited to confirmation of progress and external analytical support from ADB.
Official Source
This information is based on an official communication from the Trust Regulator published on its Facebook page. The post also directs readers to the Trust Regulator’s official website, Telegram channel, and YouTube channel for further updates on the trust sector.
