Background
Customer identification is a core compliance function in regulated financial and fiduciary activities. In the trust sector, know-your-client procedures are used to verify the identity of clients, understand the nature of the relationship, and support transparent administration of trust arrangements.
Cambodia’s trust sector is overseen by the Trust Regulator, which is responsible for regulating, supervising, and developing the sector. Guidance on client due diligence helps standardize how trust-related service providers identify clients and document relevant information for compliance and governance purposes.
On April 27, 2026, the Trust Regulator issued Guideline No. 006/26 N.B.T./K.N.N. on the implementation of “Know Your Client in the Trust Sector.” According to the regulator, the guideline is intended to facilitate understanding so that customer identification in the trust sector is carried out effectively, transparently, and accountably.
Scope of Application
The guideline applies to the trust sector and addresses measures for knowing and identifying clients within that regulated activity. Based on the regulator’s announcement, its purpose is to support clearer implementation of customer identification requirements by entities operating under the trust regulatory framework.
Key Provisions or Decisions
The official announcement states that Guideline No. 006/26 was put into effect on April 27, 2026. The stated objective is to improve understanding of how know-your-client measures should be implemented in the trust sector, with emphasis on effective identification of customers and on transparency and accountability in practice.
Implications for Investors, Businesses, or Compliance
For licensed or regulated participants in Cambodia’s trust sector, the guideline provides a reference point for customer due diligence procedures and internal compliance processes. Trust-related businesses may need to review client onboarding, identity verification, and recordkeeping practices to ensure alignment with the regulator’s guidance.
The issuance is also relevant to clients and market participants using trust structures, because clearer identification procedures can affect documentation requirements at the start of a trust relationship. Standardized know-your-client practices generally support more consistent regulatory supervision across the sector.
Official Source
Trust Regulator announcement on the issuance of Guideline No. 006/26 N.B.T./K.N.N., dated April 27, 2026, regarding “Know Your Client in the Trust Sector.” Source: Trust Regulator official communication and website links provided in the public notice.
