The regulatory landscape in Cambodia is constantly evolving as the country continues to experience economic growth and development.
Regulatory agencies play a critical role in Cambodia by ensuring the safety, quality, and fairness of products and services in the market.
The agencies also oversee and enforce laws and regulations that protect consumers, promote fair competition, and maintain the integrity of the economy.
Without these agencies, the country’s economic growth and development would be hindered.
The top 20 regulatory agencies in Cambodia:
1. Ministry of Commerce (MOC):
The Ministry of Commerce is responsible for overseeing the country’s trade, industry, and commercial activities. It is also responsible for registering businesses, issuing licenses, and regulating foreign investment in Cambodia.
2. Ministry of Economy and Finance (MEF):
The Ministry of Economy and Finance is responsible for managing the country’s fiscal policies, including budget planning, revenue collection, and expenditure control. It also oversees the financial and banking sectors in Cambodia.
3. National Bank of Cambodia (NBC):
The National Bank of Cambodia is the central bank of the country and is responsible for regulating and supervising the banking and financial system in Cambodia. It also manages the country’s monetary policy.
4. Securities and Exchange Commission of Cambodia (SECC):
The Securities and Exchange Commission of Cambodia is responsible for regulating and supervising the securities market in the country, including the issuance of licenses to securities businesses and the approval of securities offerings.
5. National Social Security Fund (NSSF):
The National Social Security Fund is responsible for managing the country’s social security system, including the provision of retirement, disability, and maternity benefits to employees.
6. General Department of Taxation (GDT):
The General Department of Taxation is responsible for collecting taxes, conducting tax audits, and enforcing tax laws in Cambodia.
7. Ministry of Labour and Vocational Training (MLVT):
The Ministry of Labour and Vocational Training is responsible for formulating and implementing labour policies, including employment regulations, labour protection, and occupational safety and health.
8. Ministry of Public Works and Transport (MPWT):
The Ministry of Public Works and Transport is responsible for regulating and supervising the country’s transportation sector, including roads, railways, and waterways.
9. Ministry of Agriculture, Forestry, and Fisheries (MAFF):
The Ministry of Agriculture, Forestry, and Fisheries is responsible for managing and regulating the country’s agricultural sector, including crop production, livestock farming, and fisheries.
10. Ministry of Industry, Science, Technology and Innovation (MISTI):
The Ministry of Industry, Science, Technology and Innovation is responsible for promoting and regulating the country’s industrial development, as well as overseeing the adoption of new technologies.
11. Ministry of Environment (MOE):
The Ministry of Environment is responsible for protecting and conserving the country’s natural resources, including land, water, and biodiversity.
12. Ministry of Health (MOH):
The Ministry of Health is responsible for overseeing the country’s healthcare system, including the regulation of medical facilities and the approval of pharmaceutical products.
13. Ministry of Education, Youth and Sport (MoEYS):
The Ministry of Education, Youth and Sport is responsible for formulating and implementing policies related to education, youth development, and sports in Cambodia.
14. Ministry of Tourism (MOT):
The Ministry of Tourism is responsible for promoting and regulating the country’s tourism industry, including licensing and monitoring tourism-related businesses.
15. National Authority for Combating Drugs (NACD):
The National Authority for Combating Drugs is responsible for formulating and implementing policies to combat drug trafficking and abuse in Cambodia.
16. Ministry of Culture and Fine Arts (MCFA):
The Ministry of Culture and Fine Arts is responsible for preserving and promoting the country’s cultural heritage, as well as regulating and licensing cultural activities.
17. Ministry of Land Management, Urban Planning, and Construction (MLMUPC):
The Ministry of Land Management, Urban Planning, and Construction is responsible for managing and regulating land use, urban planning, and construction activities in Cambodia.
18. Ministry of Women’s Affairs (MoWA):
The Ministry of Women’s Affairs is responsible for promoting and protecting the rights of women in Cambodia, as well as addressing issues related to gender equality and women’s empowerment.
19. National Authority for Preah Vihear (NAPV):
The National Authority for Preah Vihear is responsible for managing and protecting the Preah Vihear temple, a UNESCO World Heritage Site.
20. Council for the Development of Cambodia (CDC):
The Council for the Development of Cambodia is responsible for coordinating and approving foreign investment projects in the country, as well as promoting economic development and poverty reduction.