Sithisak Law Office assisted a local enterprise in obtaining a Rural Credit Institution license, guiding the client through NBC’s requirements on capital adequacy, governance, risk management, and operational controls. The firm prepared and reviewed all regulatory submissions and advised on compliance processes necessary for approval. This licensing enabled the client to operate as a regulated… Continue reading Rural Credit Institution Licensing
Project Category: Regulatory Licensing
Factory Complex Permits – 74,745 sqm Construction on 55 Hectares
Sithisak assisted a project owner in securing construction permits and certificates of occupancy for a factory complex covering 74,745 sqm of buildings on 55 hectares of land. The facilities included factories, warehouses, worker dormitories, a canteen, generator buildings, and support structures. This development significantly contributes to expanding Cambodia’s industrial production capacity, supporting employment, export growth,… Continue reading Factory Complex Permits – 74,745 sqm Construction on 55 Hectares
Acquisition of Microfinance Institution by Foreign Bank
Sithisak Law Office advised a foreign commercial bank on its acquisition of shares in a major Cambodian microfinance institution. The firm guided the client through the National Bank of Cambodia’s (NBC) approval process, including regulatory requirements for share transfers, shareholder qualification assessments, and board member appointments. Sithisak also reviewed the supporting documentation required at each… Continue reading Acquisition of Microfinance Institution by Foreign Bank
Payment Service Provider Licensing for International Fintech Companies
Sithisak Law Office advised two international fintech companies in securing Payment Service Provider (PSP) licenses from the National Bank of Cambodia (NBC). Our team supported the clients through the full application process, including preparing licensing documentation, reviewing AML/KYC frameworks, related required internal policies and liaising with the NBC to ensure compliance with Cambodia’s financial technology… Continue reading Payment Service Provider Licensing for International Fintech Companies