Cambodia passes two draft bills to curb money laundering, WMD financing

  • Cambodia Premium
  • Thursday, 04 Jun 2020

PHNOM PENH (Xinhua): The National Assembly of Cambodia on Thursday (June 4) adopted two draft laws on anti-money laundering (AML) and counter-terrorist financing (CFT) and on combating the financing of weapons of mass destruction (WMD) proliferation.

Speaking during the assembly's session, Interior Minister Sar Kheng said Cambodia became a member of the Asia Pacific Group (APG) on Money Laundering in 2004 and as its member, the kingdom is required to follow international standards on combating money laundering, terrorist financing and WMD proliferation financing.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Cambodia , draft , bill , money laundering


Next In Aseanplus News

Germany pledges 13 million euros for two projects in Laos Premium
More than two million tourists have rushed to Thailand this year Premium
China’s Xi names police ally to head public security ministry Premium
US to work with Taiwan, Vietnam against illegal fishing Premium
Cambodia fast tracks draft law on cybercrime Premium
Brunei sees rise in influenza-like illness Premium
Australian firm pauses facial recognition trial over privacy concern Premium
Beijing and Shanghai back at zero Covid cases after four months Premium
Tokyo June heatwave worst since 1875 as power supply creaks under strain Premium
Asian markets' rally fizzles as rates, inflation fears return Premium

Others Also Read