Background
On March 2, 2026, a meeting was convened to discuss a draft sub-decree concerning the definition and job description for internal audit professional positions within the Ministry of Economy and Finance (MEF). This initiative was undertaken with permission and leadership from the Director General of the Trust Regulation and chaired by the Secretary of State at MEF.
Scope of Application
The draft sub-decree focuses specifically on internal audit professional positions within the Ministry of Economy and Finance, aiming to standardize roles and responsibilities of internal auditors in the Ministry and affiliated agencies.
Key Provisions or Decisions
The draft outlines the definitions and detailed job descriptions for internal audit roles, providing clarity on professional qualifications, duties, and institutional responsibilities in line with regulatory governance.
Implications for Investors, Businesses, or Compliance
The formalization of internal audit positions under this sub-decree will enhance transparency and compliance oversight within the Ministry of Economy and Finance, which may indirectly impact businesses and investors by fostering improved financial governance and regulatory compliance.
Official Source
The discussion was held at the Ministry of Economy and Finance’s Conference Hall (D) and involved participation from ministry leaders, regulators, and other institutional representatives. Further information is available on the Trust Regulator official website and communication channels:
– https://www.trustregulator.gov.kh
– https://t.me/trustregulator
– https://bit.ly/trustregu
