On 30 May 2025, the Non-Bank Financial Services Authority issued Prakas No. 046 on the Issuance of Infrastructure Bonds (“Prakas”), establishing the regulatory framework governing the issuance and post-issuance obligations of infrastructure bonds in Cambodia. The Prakas aims to ensure that such issuances are conducted in an efficient, effective, accountable, and transparent manner.

Key Highlights of Prakas No. 046

This Prakas outlines the regulatory framework for infrastructure bond issuance in Cambodia. The key provisions include:

  • Scope of Application
  • Types of infrastructure Bonds
  • Eligible Infrastructure Assets for Bonds Issuance
  • Issuance Requirements
  • Post-Issuance Requirements
  • Penalties

Should you need any further information or assistance or navigating the regulatory requirements, please reach out to us via the contacts below.

Click Download” button to continue reading in detail for each key highlight of this Prakas.

The information provided here is for information purposes only and is not intended to constitute legal advice. Legal advice should be obtained from qualified legal counsel for all specific situations.