Insights / Updates

Stay up to date with legal developments in Cambodia.

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Unfair Practices in Business in Relation to Advertisements and Sale Promotions

On 12 April 2024, the Ministry of Commerce issued Prakas No.95 on Unfair Practices in Business in Relation to Advertisements and Sale Promotions. The Prakas aims to define some unfair practices that are not stipulated in the Law on Consumer Protection dated 2 November 2019 and to protect the rights and interests of consumers.

The Prakas applies to any person who conducts the business of supplying and advertising goods and services through promises, advertisements, or false or misleading representation in any type, form, and means including digital means in Cambodia. This Update highlights the key provisions of the Prakas.

A Guide to Renewable Energy in Southeast Asia

The Association of Southeast Asian Nations ("ASEAN") recognises the crucial role of energy in driving the region's growth. This has led to two key priorities: energy security and clean energy development. ASEAN aims for a 23% renewable energy ("RE") share by 2025 in the ASEAN Energy Mix (or TPES: Total Primary Energy Supply), with discussions underway for an even more ambitious target soon. Southeast Asia has abundant RE resources, but several hurdles remain, for instance infrastructure, the need for policy harmonisation, and community engagement. Each ASEAN country faces its own particular set of challenges and constraints in achieving its net zero emissions goal due to a myriad of factors including its stage of economic development, resources (financial and non-financial) and geographical constraints. As such, the policies and focus of each country in the deployment and development of RE may differ. In this Guide, we provide an overview of the RE landscape in the region and certain salient legal and regulatory issues affecting the development and deployment of RE in Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

Prakas on Formalities and Procedure of Administrative Sanction and Penalties in Trust Sector

On 3 January 2024, the Non-Banking Financial Services Authority issued Prakas No. 002 on Formalities and Procedure of Administrative Sanction and Penalties in Trust Sector ("Prakas"). This Prakas aims to set out the rules, formalities and procedure in imposing administrative sanction and penalties by the trust inspector on persons who commit offences by contravening the conditions granted by the Trust Regulator of Cambodia under licences, permits, and other registrations. 

In this Update, we highlight the key features of the Prakas.