Cambodia’s Financial Institutions Grapple with Risk Management Amid Regulatory Uncertainty

As Cambodia’s banking and insurance sectors continue to grow, financial institutions of all sizes are facing increased pressure to manage risk effectively while keeping costs in check. The regulatory landscape is complex, with varying requirements from key policymakers including the National Bank of Cambodia (NBC), Cambodia Financial Intelligence Unit (CAFIU) and Ministry of Economic and Finance (MEF).

KPMG’s Expertise in Risk Management

Despite these challenges, KPMG’s multidisciplinary team of international and local experts is at the forefront of helping financial institutions navigate this ever-changing regulatory environment. Our expertise spans a range of areas critical to effective risk management, including:

• Internal Rating Based (IRB) Implementation under Basel II/III
• Asset and Liability Management (ALM) and Fund Transfer Pricing (FTP)
• Liquidity Risk Management
• Operational Risk Framework
• ICAAP Implementation and Independent Review
• CIFRS 9 Expected Credit Loss Implementation
• Effective Interest Rate (EIR) Implementation
• Credit Scorecard Implementation
• Revenue Enhancement (RAROC. RAPM)
• Digitization, Data Warehousing & Data Governance

Benefits of Partnering with KPMG

By partnering with us, financial institutions can ensure they are adequately prepared to meet the challenges of a rapidly evolving market while minimizing potential risks. Our clients benefit from:

• In-depth knowledge of Cambodia’s regulatory requirements
• Best practices globally
• Robust risk management frameworks
• Enhanced data analytics and reporting through technology

Get in Touch with KPMG

For further information on how KPMG can support your organization’s risk management needs, please visit our website or contact one of our experts today.