Background
On 10 February 2026, the Securities and Exchange Regulator of Cambodia adopted Prakas No.019 FSA.BK, a formal regulatory instrument setting forth the Code of Conduct applicable to fund management companies and their representatives. This prakas aims to establish professional standards and ethical guidelines governing conduct within the fund management sector.
Scope of Application
This prakas applies to all fund management companies and their fund management representatives operating under the jurisdiction of the Securities and Exchange Regulator of Cambodia, establishing mandatory behavioral and professional standards across the industry.
Key Provisions or Decisions
Prakas No.019 FSA.BK prescribes the ethical and professional rules that fund management companies and their representatives must adhere to, including obligations related to integrity, transparency, conflict of interest management, client confidentiality, and compliance with applicable laws and regulations.
Implications for Investors, Businesses, or Compliance
The establishment of this code of conduct provides enhanced clarity on professional expectations, potentially increasing investor confidence and improving governance standards within Cambodia’s fund management industry. Fund management companies and representatives must align internal policies and procedures to comply with the new regulatory requirements.
Official Source
The official notification is published by the Securities and Exchange Regulator of Cambodia and accessible via their Facebook post: https://www.facebook.com/serc.gov.kh/posts/pfbid0GePN7JCvcN6q1452LsmHNMey4XSEYx6VDeZ76PPxhK1Mh8BuvH1xsdVw3Nb1zt5El
