Background
On 18 March 2026, the Trust Regulator and the Bar Association of the Kingdom of Cambodia signed a memorandum of understanding (MoU) on cooperation to promote awareness and implementation of laws in the trust sector. The signing took place in Phnom Penh under the authorization of the Deputy Prime Minister and Minister of Economy and Finance, who also serves as Chair of the Non-Bank Financial Services Authority. The ceremony was presided over by the Director General of the Trust Regulator and the President of the Bar Association.
Scope of Application
The MoU covers cooperation between the Trust Regulator and the Bar Association in relation to laws and regulations governing the trust sector in Cambodia. Its scope extends to members of the Bar Association of the Kingdom of Cambodia, relevant trust sector operators and service providers, and the general public who engage with or are affected by trust-related legal frameworks.
Key Provisions or Decisions
According to the announcement, the MoU is intended to: (i) promote public awareness and dissemination of laws and regulations related to the trust sector; (ii) facilitate cooperation in sharing knowledge and experience between the Trust Regulator and the Bar Association; and (iii) encourage and support the implementation of trust-related laws among Bar members and the wider public. The cooperation includes outreach and dissemination activities relating to the legal and regulatory framework governing trust business in Cambodia.
Implications for Investors, Businesses, or Compliance
The cooperation framework between the Trust Regulator and the Bar Association is expected to support more consistent understanding and application of trust-related laws by legal professionals and sector participants. This may contribute to clearer legal practice in trust structuring and administration and to improved compliance with the regulatory framework among trust companies, custodians, trustees, auditors, valuation firms, and other trust service providers. Increased legal awareness among Bar members may also enhance advisory capacity for investors and clients using trust structures.
Official Source
The information is based on an official announcement published by the Trust Regulator on its verified Facebook page on 18 March 2026.
