Background
The Trust Regulator (TR) announced that it will collaborate with the Malaysia Business Chamber of Cambodia (MBCC) to hold a workshop on trust regulation in Cambodia. The announcement specifies that the session, titled “Trust Regulation in Cambodia,” is planned for Tuesday morning, 2 May 2023, at the Rosewood Hotel Phnom Penh. The workshop is directed towards members of the MBCC.
Scope of Application
The workshop is intended for members of the Malaysia Business Chamber of Cambodia. It will focus on the regulatory framework governing the trust sector in Cambodia, as overseen by the Trust Regulator. The communication also invites stakeholders interested in updates on the trust sector to follow the Trust Regulator’s official information channels.
Key Provisions or Decisions
The announcement sets out the following key points:
- Scheduling of a workshop on trust regulation in Cambodia on 2 May 2023.
- Organization of the event by the Trust Regulator in cooperation with the Malaysia Business Chamber of Cambodia.
- Designation of Rosewood Hotel Phnom Penh as the venue for the workshop.
- Provision of official channels for ongoing information on the trust sector, including the Trust Regulator’s website, Telegram channel, and YouTube channel.
Implications for Investors, Businesses, or Compliance
The workshop is positioned as an opportunity for MBCC members to receive information on the regulatory environment for trusts in Cambodia. By engaging with the Trust Regulator through this event and the listed communication channels, businesses and investors active in or considering the trust sector may better understand current regulatory requirements and the institutional role of the Trust Regulator. The announcement itself does not introduce new rules or modify existing regulations but signals ongoing outreach and information-sharing on trust regulation.
Official Source
The information is based on an announcement by the Trust Regulator published via its official Facebook page. The announcement also references the Trust Regulator’s official website and social media channels for further updates on the trust sector.
