SECC Cuts Down Basic Fees to Encourage Public Investment

Securities and Exchange Commission of Cambodia (SECC) has recently announced the reduction of some basic fees to encourage more public investment.

The fees of security trading, payment and money transfer from account to another have been cut down by 50 percent.

The SECC made the decision during its 41st meeting chaired by H.E Aun Porn Moniroth, Minister of Economy and Finance and Chairman of SECC.

The fee reduction entered into force immediately for the implementation starting this year, 2006.

In addition to the cut-down of basic fees, the SECC reviewed the work to promote more securities of potential groups shortlisted.

Source: AKP