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SERC Hosts Workshop on Importance of IOSCO Ordinary Membership

Phnom Penh, Cambodia (February 8, 2024): On Thursday afternoon, the Securities and Exchange Regulator of Cambodia (SERC) partnered with the IOSCO General Secretariat to host a workshop titled "Importance of Becoming an Ordinary Member of the IOSCO." The event, held at the SERC office, was presided over by Mr Sou Socheat, Delegate of the Royal Government and Director General of the SERC.

The workshop aimed to inform and explain the functions, roles, and benefits of becoming an IOSCO ordinary member. These benefits include increased market confidence, attraction of foreign investment to Cambodia, access to information exchange with international regulators, and enhanced international cooperation. SERC joined IOSCO as an associate member in September 2017 and is currently seeking ordinary membership.

Management and senior officials from relevant ministries and institutions attended the workshop, totaling 38 participants. These included representatives from the Ministry of Justice, Ministry of Commerce, Council of Ministers, National Bank of Cambodia, General Secretariat of the Non-Banking Financial Services Authority (FSA), FSA regulators and units, the Cambodia Association of Securities Firms, and the Cambodian Financial Intelligence Unit. The workshop concluded successfully and productively.

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