The Organization Chart of SERC

Technical Director of SERC

Legal Affairs Department, and

Name	Position
H.E.Mr. Sou Socheat	Director General
H.E.Mr. Seang Thirith	Deputy Director General Management Securities Issuance Department, and Securities Market Supervision Department
H.E.Dr. Vin Pheakdey	Deputy Director General Management Securities Intermediaries Supervision , and Research, Training, Securities Market Development Department
H.E.Mrs. Sok Sokun Chivy	Deputy Director General Management Legal Affairs Department, and Administration and Finance Department
Mr. Kep Samphy	Director of Securities Market Supervision Department
Mrs. Thay Sokphalline	Director of Securities Issuance Department
Mrs. Hor Likea	Director of Research, Training, Securities Market Development Department
Mr. Khun Kimleang	Director of Securities Intermediaries Supervision Department
Mr. Na Peoupagnarith	Director of Legal Affairs Department
Mr. Lekha Vichet	Director of Administration and Finance Department

Department of SERC

Department of Administration and Finance
The Department of Administration and Finance shall have following functions:

To develop budget plan for SERC

To handle administrative affairs

To supply and repair office materials

To arrange protocols

To communicate public and private institutions

To formulate policies, to supervise and recruit staffs

To develop payroll and allowance for SERC’s officials

To monitor and provide IT services

Department of Securities Market Supervision
The Department of Securities Market Supervision shall have the following functions:

To formulate conditions for granting an approval as operator of securities market, clearing and settlement facility and security depository, for proposing SERC for review and approval

To review and make recommendation on application for approval as operator of securities market, clearing and settlement facility or security depository

To examine and conduct surveillance on supply of trading system and other operations of securities market operators

To examine and conduct surveillance on operation of clearing and settlement facility operators

To examine and conduct surveillance on operation of securities depository operator

To conduct on-site inspection of operators of securities market, clearing and settlement facility or security depository

To send suspicious case of offence relating to operators of securities market, clearing and settlement facility or security depository to legal affairs department for ongoing investigation

Department of Securities Intermediaries Supervision
The Department of Securities Intermediaries Supervision shall have the following functions:

To formulate conditions for granting license to securities companies, representative of securities companies, investment advisors, securities dealers, securities brokers, fund managers and others markets participants, to submit to the Director General of SERC for review and approval.

To review and make recommendation on application for license for operating securities companies, representative of securities companies, investment advisors, securities dealers, secu rities brokers, fund managers and others market participants.

To examine and conduct surveillance of the operations of securities companies, representatives of securities companies, investment advisors, securities dealers, securities brokers, fund managers and others markets participants.

To conduct on-site inspection as necessary of the operations of securities companies, representatives of securities companies, investment advisors, securities dealers, securities brokers, fund managers and others markets participants.

To send suspicious case of offence relating to the operations of securities companies, representatives of securities companies, investment advisors, securities dealers, securities brokers, fund managers and others markets participants to the department of Legal Affairs for ongoing investigation

Department of Securities Issuance
The Department of Securities Issuance shall have the following functions:

To formulate conditions for granting approval of public issuing companies To formulate conditions relating to governance and supervision of public issuing companies

To examine routinely enforcement of conditions relating to governance and supervision of public issuing companies

To examine application of accounting and auditing standard in the Kingdom of Cambodia of public issuing companies

To examine and make recommendation on public offer of securities

To review and make recommendation on registration statement disclosure documents, supplementary disclosure documents, replacement disclosure documents and other statements relating to securities business

To register disclosure documents, supplementary disclosure documents, replacement disclosure documents and other statements of public issuing companies

To monitor and publish disclosure documents, supplementary disclosure documents, replacement disclosure documents and other statements relating to securities business through electronic system or/& public media

To review financial report or/& business report of public issuing companies

To conduct on-site inspect of public issuing companies if it’s necessary subject to working framework

To supervise public issuance mechanism

To send suspicious case of offence relating to public offer of securities to legal affairs department for ongoing investigation

Department of Legal Affairs
The department of Legal Affairs shall have the following functions:

To examine and make recommendation on operating rules of the operator of securities market, clearing and settlement facility and securities depository.

To examine and make recommendation on operating rules requested by self-regulatory bodies.

To arrange necessary rules and regulations and propose for the amendment to law and rules and regula tions in order to develop the securities sectors.

To enforce the implementation of law or rules and regulations relating to securities sectors

To receive any lawsuits and investigate related to illegal or abnormal issuing and trading securities in both primary and secondary market.

To examine and make recommendation in order to take fine measure against the person who has contravened any provisions of this law and other relevant laws.

To make mediation and dispute resolution among market participants.

To take transactional fine measures against the person who has contravened any provisions of this law and relevant laws.

To file relevant lawsuits and sent to the court.

Department of Research, Training, Securities Market Development
The Department of Research, Training, Securities Market Development, and International Relations shall have the following functions:

To conduct study and research strategies for developing securities market in the Kingdom of Cambodia

To study and research development of legal infrastructure and rules and regulations relating to regulating and developing securities sector

To formulate strategies to promote companies going public

To evaluate and make recommendation on new financial instrument prior to introducing on the market

To formulate training program for general public and market participants

To communicate regulators regionally and internationally

To attend national and international forums