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Cambodia: Anti-money laundering rules; minimum wage for 2021

Cambodia: Anti-money laundering rules; minimum wage

Recent measures in Cambodia concern anti-money laundering rules and establish the minimum wage for textile, garment, and footwear sectors for 2021.

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The anti-money laundering measures provide a framework to prevent money laundering and the financing of terrorism, and set out several obligations for “reporting entities” (banks, financial services institutions, providers of transactional services, real estate companies, casinos, and professional service providers including lawyers and accountants).

The minimum wage for 2021 for workers in the textile, garment and footwear sectors is set at U.S. $192 per month, and applies beginning 1 January 2021.


Read a September 2020 report [PDF 178 KB] prepared by the KPMG member firm in Cambodia

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