Cambodia, Korea Increase Securities Cooperation

The Securities and Exchange Commission of Cambodia (SECC) and Korea Securities Finance Corporation (KSFC) reached here yesterday a Memorandum of Understanding (MoU) on cooperation and information exchange.

According to a news release of SECC, the MoU is aimed to increase cooperation in technical framework, strengthen relations, exchange information, as well as consult and share experience related to the securities market development.

Based on its online source, KSFC, established in 1955, is the only securities finance-specialising institution in Korea and has contributed to the revitalisation of the capital market by providing the funds and services needed for the issuance, circulation and brokerage of marketable securities.

Source: Agency Kampuchea Press