Phnom Penh, Cambodia – May 7, 2025 – CCU Commercial Bank Plc. spearheaded a pivotal meeting with Lion Trust Group and Banjaran Asset Management (Cambodia) Plc., represented by its CEO, Mr. Eric Loo, alongside the Cambodia Trust Regulator (TR). The high-level discussion focused on advancing the non-bank financial sector and strengthening Cambodia’s regulatory framework. Chaired by His Excellency Sok Dara, Director General of the Trust Regulator (TR), the session highlighted a shared commitment to fostering growth, innovation, and trust in Cambodia’s financial ecosystem. The participation of key industry leaders including Lion Trust (Singapore) Limited, underscoring a collaborative push to fortify Cambodia’s trust sector. [Source 1]
The meeting further highlighted the Trust Regulator's (TR) emphasis on expanding trust structures, particularly family trusts, as a cornerstone of asset protection and intergenerational wealth transfer in Cambodia. Family trusts serve as a vital mechanism for high-net-worth individuals and businesses to secure long-term financial stability while ensuring smooth succession planning—a growing priority in the Kingdom’s evolving economic landscape. [Source 2]
In line with this focus, the Trust Regulator's (TR) recent “Family Trust for Succession Planning” seminar on April 29, 2025, organized in partnership with Phillip Trustee (Cambodia) and Phillip Capital (Singapore) at Sokha Hotel, Phnom Penh, provided deep insights into Singapore’s best practices in trust management, offering tailored strategies for Cambodia’s market. [Source 3]
Reflecting this proactive approach, Banjaran AMC’s active participation in these discussions underscores its commitment to shaping a dynamic and inclusive trust sector in Cambodia. By engaging with regulators and industry peers, the firm aims to develop innovative financial solutions that address the needs of local families and investors.
A recent dialogue, a continuation of discussions initiated on 28th November 2024, between His Excellency Ney Sakal, Deputy Director General of the PRA (representing Director General Sok Dara), and the leadership of Lion Trust (Singapore) Limited (Mr. Ashley Ong, CEO, and Ms. Yvonne Lee, Managing Director, Legal Affairs), indicates a significant collaborative effort to advance financial security and wealth management opportunities within Cambodia. Given the Trust Regulator's (TR) active promotion of trust services, the involvement of institutions like Banjaran AMC and Lion Trust Group holds substantial promise for the sector's growth and sophistication. [Source 4]
For more details on family trusts and regulatory updates, visit the Trust Regulator’s official website:
[www.trustregulator.gov.kh]
Related News
Banjaran Asset Management (Cambodia) Plc. at the Cambodia-ASEAN Business Summit 2025
The Cambodia ASEAN Business Summit 2025 will serve as a dynamic platform to foster economic cooperation and development within the ASEAN region, specifically showcasing Cambodia's growing role in regional economic integration. It is with great honor that the summit will be presided over by Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia. Attendees will hear directly from the Prime Minister about the Royal Government’s commitment to supporting ASEAN businesses and fostering shared prosperity.
The Investment in Collective Investment Scheme
In this article, we will share the real case study of the first Investment fund that was approved by the Securities and Exchange Regulator of Cambodia (SERC) on 15 November 2023, the BAMC Asia Equity Fund (BAEF). BAEF is managed by Banjaran Asset Management (Cambodia) PLC (BAMC), a SERC-licensed asset management company based in Cambodia.
Why Invest and the Importance of Investment Diversification - SERC
According to the world’s 6th richest man and famous investor Warren Buffet, “Never depend on a single income. Make an investment to create a secondsource”.
Investing in Legitimate Investment Products - SERC
When investing, investors are traditionally enticed by high returns and a sense of familiarity. Very often they ignore what is perhaps the most important factor when investing, which are the risk factors.