Organization

The Organization Chart of SERC

Technical Director of SERC

Legal Affairs Department, and
NamePosition
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

Acting Director of Securities Intermediaries Supervision Department

Mr. Lekha Vichet

Acting Director of Administration and Finance Department

Mr. Na Peoupagnarith

Acting Director of Legal Affairs Department

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