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Entering the Cambodian market

(Phnom Penh News) Phnom Penh Fintech Investment Company (Phnom Penh Fintech Investment), PPFI officially signed a memorandum of understanding on cooperation with the Trust Regulator (TR) of Cambodia on “raising public awareness and promoting cooperation in the trust sector of the Kingdom of Cambodia”.

Phnom Penh Fintech Investment Company held a signing ceremony for a cooperation memorandum of understanding on “Raising Public Awareness and Promoting Participation in Cooperation in the Trust Sector of the Kingdom of Cambodia” with the Trust Regulator of Cambodia (TR) at the Non-Bank Financial Services Management Building on December 2, 2022. The memorandum focused on TR will cooperate with PPFI, which is a provider of trust services and financial-related industrial systems. It hopes to improve the public's comprehensive and in-depth understanding of Cambodia's trust business, especially international excellent IT trust operations and increase investment in the Cambodian trust market. Chance.

On the day of the memorandum signing ceremony and international trust experience sharing event, senior supervisory officials and affiliated agencies of the Non-Bank Financial Services Authority (FSA), representatives of TR leaders and professional officials, independent trustees, trust companies, trust custody service operators and The law firm attended the meeting, and PPFI also invited the team of "JEPUN", a Taiwanese manufacturer of "Trust Asset Management System" that the company represents, to the site to conduct a special topic on "Trust Operation Management System: International Best Practice Experience" In addition to sharing the development history and practical operation procedures of trust business in various parts of Asia, the speech also provided many trust types suitable for the future development of Cambodia, and demonstrated a trust asset management system that can support complete trust business.