Background
The Trust Regulator is the authority mandated to oversee, inspect, and develop the trust sector in Cambodia. The regulator operates departmental units that engage directly with trust administrators on legal, governance, and inspection matters.
On 13 July 2026, Ms. CHHEAN Sokhary, Director of the Department of Legal Affairs and Inspection at the Trust Regulator, led technical officials to meet the technical working group of the Skills Development Fund. The engagement sought to align the Skills Development Fund’s management and administration with trust mechanisms, applicable laws and regulations governing the trust sector, to strengthen confidence among development partners and the public, and to establish precautionary measures addressing money laundering, terrorist financing, and proliferation financing risks.
Scope of Application
The activity addressed the Skills Development Fund (SDF) as a trust-administered entity and involved technical coordination between the Trust Regulator and the SDF technical working group. Matters discussed pertain to administration practices and regulatory alignment under the national trust-sector framework and associated AML/CFT requirements.
Key Provisions or Decisions
- Reinforce administration and management of the Skills Development Fund in accordance with trust mechanisms and applicable laws.
- Enhance transparency and procedural alignment to increase confidence among development partners and the public.
- Introduce or organize precautionary measures aimed at preventing money laundering, terrorist financing, and proliferation financing within the trust sector.
Implications for Investors, Businesses, or Compliance
Entities administering trust assets in Cambodia operate within the Trust Regulator’s supervisory remit and are subject to applicable trust-sector regulations and AML/CFT obligations. Development partners and stakeholders engaged with trust funds can expect continued technical engagement from the regulator focused on governance alignment and risk prevention.
Official Source
Official announcement by the Trust Regulator (post dated 13 July 2026): Facebook post. Published: 2026-07-13T10:50:05+00:00. Post ID: 1392584346132859.
