2022 04 July

Nearirath Sreng Participates in Movables Finance Legal Knowledge Workshop

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On 28 June 2022, Nearirath Sreng (Deputy Head of Banking, Finance & Technology) was a featured speaker at a workshop called “Movables Finance Legal Knowledge,” which was organized by the International Finance Corporation (IFC), the World Bank, and the National Bank of Cambodia. The event was held at Raffles Hotel Le Royal in Phnom Penh on 27 and 28 June.

Nearirath gave an overview of Cambodia’s regulations for secured transactions and recent developments in various business sectors. She also explained the local perspective on secured transactions and the procedure for registering with the Kingdom of Cambodia Secured Transactions Filing Office (“STFO”). Nearirath also shared some of her experiences in dealing with secured transactions and solar power plant project finance in Cambodia.

One objective of the training course was to call on all stakeholders, especially legal practitioners and advisory groups, to help in raising awareness about the financial legal framework needed to enhance the Cambodian banking system’s performance in the global market. The training concluded with a speech from the IFC representative to Cambodia.

 

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