Desfran provides a turnkey solution for financial licensing. To facilitate your process of applying for a Cambodia Derivative Broker license, we will:
- Promote your application to the Cambodia regulators
- Assist with answering questions regarding the application process and requirements
- Draft and review application documents and questionnaires
- Follow up with the application and ensure the submission of additional information required by the related department of Cambodia
Licensing on derivative Instrument Related Business and Activities
Local registered office is required
Desfran shall seek to understand your business activities and goals to assist with your business plan drafting that best encompasses this whilst still being compliant with the prevailing regulations. Desfran shall also advise on the possible questions that might be posed by the regulator.
Filing and Reporting Requirements
Company Documentation Required
Director and Personnel Requirement
Local Derivative Agent Requirement
Appointment of a local derivative agent is required by the SECC as the point of contact for the company.
Due Diligence is necessary to formally verify the identity of all clients of the firm. The following documents are required to conduct due diligence for the license application:
Please note for a company listed on a major stock exchange or subject to regulatory supervision in a country with equivalent AML regulations to Cambodia, evidence of such listing or regulation will suffice in place of the above information. Where the directors to be appointed are employees of such a listed or regulated company, a certified passport copy and confirmation of employment (to include position) will suffice.
Bank Account Opening
Securities and Exchange Commission of Cambodia (SECC) is established under the law on The Issuance and Trading of Non-Government Securities (Preah Reach Kram No NS/RKM/ 1007/028). SECC regulates the securities industry in Cambodia to contribute to socio-economic development through capital mobilization from public/ securities investors to meet the demand of financing for investors.
The Missions of SECC are to:
Desfran assists with the complete licensing application. Contact us to find out more about the Cambodia company registration and forex license application. Our team of experts will get back to within the next business day.