More than 100 senior level representatives from commercial banks, microfinance institutions, insurers and payment processing companies gathered in the Financial Industry Competency Building and Knowledge Sharing workshop on the 22nd of November 2017 to examine the challenges presented by the latest financial crimes and explore possible solutions. The workshop focused on money laundering, terrorism financing, cybercrimes and technological advancement to help companies comply with existing regulation. A managing director of a technology consulting firm said that “Cambodia’s financial sector has experienced remarkable growth in recent years, but warned that awareness of the banking system and the software and technology involved in the sector was still limited”.
Source: Khmer Times, November 23, 2017
