Cambodia Legal Update: NBC Issues Prakas on Conditions for Asset Management Institutions

On 19 February 2026, the National Bank of Cambodia (“NBC”) issued the Prakas on Conditions for Asset Management Institution (“Prakas”). This Prakas establishes a comprehensive regulatory framework governing the licensing, operation, and supervision of Asset Management Institutions (“AMIs”), entities authorized to acquire and manage Non‑Performing Loans (“NPLs”) and associated collateral from banks and financial institutions (“BFIs”).

This development forms part of the NBC’s broader initiative to improve Cambodia’s NPL‑resolution ecosystem, as also reflected in public briefings that highlighted capital thresholds and governance expectations for AMIs.

 

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