The National Bank of Cambodia published its annual report for the year 2021 to 2022, highlighting the implementation of supportive policies to strengthen the country’s financial standing amidst growing concerns stemming from the COVID-19 pandemic.
The Asia/Pacific Group on Money Laundering published its third enhanced follow-up report on Cambodia’s progress in implementing a technically-compliant anti-money laundering and counterterrorist financing framework.
Weekly Roundup: HSBC Lands New AML Penalty, Falcon Private Bank Faces Swiss Fine, and More
Texas bank fined $8 million for AML lapses, SEC extracts $1 million from Wedbush Securities, and more, in the weekly roundup.
Treasury Cautions Companies Against Cambodian Commerce
U.S. businesses engaged in commercial activity in Cambodia or planning to operate in the country must stay vigilant for signs of corruption and illicit finance, federal officials advised.
0 Items Found
Technical | Effectiveness |
---|---|
Compliant : 2 | High : 0 |
Largely Compliant : 30 | Substantial : 1 |
Partially Compliant : 7 | Moderate : 3 |
Non-Compliant : 1 | Low : 7 |
A "graylisted" country as of Feb. 22, 2019. Cambodia's technical compliance was re-rated in a Aug. 24, 2022 follow-up report
Rank : 100/110 |
Score : 7.13/10 |
Rank : 160/179 |
Score : 21/100 |
Rank : N/A |
Score : N/A |