Regional Round-Up: Cambodia Q4 2022 (Year in Review Edition)

Looking Back: 2022 and Gazing Into: 2023

Looking Back: 2022

In 2022, as part of its efforts to improve the economy of Cambodia, the Royal Government of Cambodia continued to work on relevant regulatory developments.

Some of the key developments relate to the enactment of a new law on food safety, the amendment of the Law on Commercial Enterprises and the Law on Commercial Rules and Register, and further development of the construction industry and pension scheme.

Gazing Into: 2023

Gazing into 2023, the following draft laws and regulations are in the pipeline:

  • Draft law on cybercrime;
  • Draft law on the protection of private data;
  • Draft law on commercial contracts;
  • Draft law on access to information;
  • Draft sub-decree on the formalities and procedures of food inspection and seizure;
  • Draft prakas on the management of business licence for accounting and auditing;
  • Draft guideline on digital sale of insurance; and
  • Draft of regulations related to the government securities business of the accredited custodian agent.

Full Report

Click on the link below for the full report which provides summaries of the key legal developments related to the above areas.

Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice

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