Philippine, Cambodian regulators ink pact to bolster capital markets
The Philippine Securities and Exchange Commission (SEC) has partnered with the Securities and Exchange Regulator of Cambodia (SERC) to collaborate on developing their respective capital markets.
The two agencies signed a memorandum of understanding (MoU) in Kuala Lumpur, Malaysia, earlier this month. The pact is designed to promote mutual assistance, information exchange, and stronger cooperation on regulatory matters.
The agreement also commits the regulators to building institutional capacity, specifically through programs that enhance human resource development to support market growth.
“Under this MoU, the SEC and SERC will work together on regulatory supervision and enforcement; capacity-building and training; and technical collaboration in sustainable finance, fintech, and market digitalization,” SEC Philippines Chairman Francis Lim said.
Lim added the goal is to “enhance investor protection, uphold market integrity, and promote innovation and responsible growth.”
He noted the partnership “reflects our broader ASEAN vision—to build fair, efficient, and resilient capital markets that inspire investor confidence and contribute to sustainable development across our region.”
For the SERC, Director General Sou Socheat said the MoU marks a milestone for the regulators to work together amid an era of globalization and digitalization.
“This partnership is a testament to our belief that by working together, we can achieve far more than we can alone,” Sou Socheat said.
“We can create a more secure environment for investors, build greater confidence in our respective markets, and contribute to the financial integration and prosperity of the entire ASEAN region,” he added.