Of the 47 laws and regulations promised by Cambodia to be enacted by 2006, only 19
have been passed. Of the remaining 28, the Mekong Private Sector Development has
identified seven as the most important to implement in order to boost economic growth
and reduce poverty.
Secured Transactions Law
Original expected passage:
Feb 2004
Responsible agency: Ministry of Commerce
Status: Drafted: At National Assembly Commission on Finance and Banking
Expected impact: Increases access to finance for companies
Commercial Leasing Law
Original expected passage:
Jan 2005
Responsible agency: National Bank of Cambodia
Status: Drafted: To be sent soon to the Council of Ministers.
Expected impact: Increases access to finance for companies
Law on the Issuance and Trade of Non-Government Securities
Original expected passage:
Jan 2006
Responsible agency: Ministry of Economy and Finance
Status: Drafted: At the Council of Ministers
Expected impact: Increases access to finance for companies
Insolvency Law
Original expected passage: Jan 2004
Responsible agency: Ministry of Commerce
Status: Drafted: Being discussed at inter-ministerial level at the Council
of Ministers
Expected impact: Increases access to finance for companies
Commercial Contracts Law
Original expected passage:
Feb 2004
Responsible agency: Ministry of Commerce
Status: Not yet drafted: Ministry of Commerce will draft between 2008-2010
Expected impact: Could encourage more business transactions and improve ease
of doing business
Competition Law
Original expected passage:
Jan 2006
Responsible agency: Ministry of Commerce
Status: Being drafted
Expected impact: Gives businesses equal chance to compete, encourages innovation,
benefits consumers
Law Establishing Commercial Court
Original expected passage:
Dec 2004
Responsible agency: Ministry of Commerce
Status: Drafted in 2004: Being discussed between Ministry of Commerce and
Ministry of Justice
Expected impact: Could encourage more business transactions and improve ease
of doing business
Source: IFC-MPDF
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