Background
The Securities and Exchange Regulator of Cambodia (SERC) issued Alert No.3/26 to inform the public that certain companies and individuals are promoting securities investment opportunities without having the required license issued by SERC. The alert also highlights misuse of official images, specifically those of His Excellency Sok Puthivuth, Secretary of State of the Ministry of Posts and Telecommunications, to create fraudulent Telegram groups aimed at deceiving and defrauding investors.
Scope of Application
This alert applies to all persons and entities involved in securities-related business activities in Cambodia, particularly those who do not possess the legally mandated license from SERC. It serves as a warning for the general public and investors to be cautious and verify the legitimacy of securities service providers and investment platforms.
Key Provisions or Decisions
- Notification that the identified companies or individuals do not hold valid securities business licenses from SERC.
- Highlighting the fraudulent use of a government official’s image to create deceptive Telegram channels targeting investors.
- A caution to the public to exercise vigilance and verify before committing to any securities investment offers.
Implications for Investors, Businesses, or Compliance
Investors should exercise due diligence when approached with securities investment opportunities, ensuring the legitimacy of involved parties. Businesses offering securities services must comply with licensing requirements under Cambodian securities law. This alert reinforces the enforcement environment around unlicensed securities operations and fraud prevention.
Official Source
Original alert published by the Securities and Exchange Regulator of Cambodia on 12 February 2026:
https://www.facebook.com/serc.gov.kh/posts/pfbid03JqssZuRrXvkTyLa8qEXx3SzcjPVrrYCyDJk1TGtpmxaqnGZ7LKhJsmAsYkHfFe3l
