Provisional attachment is one of the three preventive measures of the preservative disposition systems[1] provided for by the Cambodian Code of Civil Procedure (2006, the “CCP”) and allows creditors who have monetary claims against debtors to secure against the risk that a court order against a debtor will become impossible or extremely difficult to execute due to an alteration in the state of the debtor’s assets in-execution,

On 28 December 2023, the Ministry of Labour and Vocational Training (the “MLVT”) issued Instruction No. 110/23 on the provision of foreigner work permits to foreign employers (the “Instruction”). The Instruction aims to clarify the procedures and conditions in relation to foreigners who are employers and seek to obtain a work permit in order to comply with Labor Law and Prakas No. 195 on Employment Cards and Work Permits issued by the MLVT on 20 August 2014.

Secured transaction framework is mainly regulated by the Law on Secured Transactions promulgated in 2017 (“LST”). The Ministry of Commerce (“MoC”) is the competent institution to administer the implementation of the LST. On 23 October 2023, the MoC released Prakas No. 319 ("Prakas"), which outlines a mechanism aimed at enhancing the enforcement of rights held by the parties to a security agreement. This mechanism primarily focuses on procedures for notifying a security interest, conducting searches in public records, requesting record verifications, maintaining a caution list, and delineating the responsibilities of the organization within the MoC.


Currently, there are approximately 400,000 to 800,000 Muslims living in Cambodia and many of them are living in either poverty or low income families. As such, they form a group that are most in need of financial assistance to support basic living standards and to conduct business.


In August 2015 HBS Law revealed its new website. The rebrand is designed to reflect HBS Law's position as a leading Cambodian law firm with an Asian regional reach.

"We are increasingly working with clients who have a presence throughout the region, as well as with foreign investors coming into Cambodia," says Mr Ly, Managing Director of HBS Law. "We are proud to offer honest, balanced services to our clients, acting as trusted business partners to help them succeed."


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