Background
The Trust Regulator is the Cambodian authority that issues licenses, supervises, and develops the domestic trust sector.
It maintains a licensing framework that governs entities authorised to act as trustees and to provide retention or escrow services for commercial trust arrangements. On 10 July 2026 the Trust Regulator announced that Woori Bank (Cambodia) Plc. has obtained a Trustee Operator licence to provide retention (escrow) services in the commercial trust sector.
Scope of Application
The licence applies to Woori Bank (Cambodia) Plc. in its capacity as a Trustee Operator providing retention or escrow services for commercial trusts. The authorised activity covers custody and retention functions where a licensed trustee holds funds or assets under a commercial trust arrangement on behalf of contracting parties.
Key Provisions or Decisions
The Trust Regulator formally granted Woori Bank (Cambodia) Plc. a licence to operate as a Trustee Operator Providing Retention or Escrow Services in the Trust Sector for Commercial Trust. The public announcement of the licence was posted by the Trust Regulator on 10 July 2026.
Implications for Investors, Businesses, or Compliance
Registered trustee operators can be engaged in commercial transactions to hold funds and assets under escrow or retention arrangements, creating a regulated option for custody within trust-based deals. Businesses and contracting parties seeking escrow services should verify licensing status with the Trust Regulator and structure trustee agreements to reflect the licensed scope of retention functions.
Official Source
Primary announcement: Trust Regulator Facebook post (10 July 2026): https://www.facebook.com/trustregulatorcambodia/posts/pfbid0HgxtCXQejMudPnfEecun8eSa7fcL4D2R1CXADeGR7nZSaf1p58KCxDKncWvg8PE1l. Additional sector information is maintained on the Trust Regulator website: https://www.trustregulator.gov.kh.
