Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Money laundering law

Money laundering law

C

ambodian lawmakers have approved legislation

to combat money laundering amid fears that the banking sector could be used to

fund terror groups, local media reported. The new law was also designed to

attract more foreign investors to the country who in the past have been wary of

the kingdom's reputation for lawlessness and corruption. The legislation aims to

tighten bank reporting procedures and staff accountability.

0

Comments

Please, login or register to post a comment

Latest Video

ACLEDA’s boss on how tech is changing financial services

In today’s world of fast-changing technology, Cambodia is seeing increasing innovation in financial services.

ACLEDA President In Channy on the key to the bank’s success

Post Khmer Editor-in-Chief Kay Kimsong sat down with Dr In Channy, President and Group Managing Director of ACLEDA Bank Plc, to explore the main principle guiding Cambodia’s biggest bank.

A taste of Phnom Penh's first container night market

At the launch of Phnom Penh's newest market, The Post spoke to customers and stallholders about what the hub of bars, food stalls, shops and live music will add to the city's nightlife.