28-March-2023
The Ministry of Commerce and the National Bank of Cambodia have jointly alerted all banking and financial institutions to comply with the Law on Consumer Protection and Prakas on Unfair Contract Clause In order to protect consumers' rights and promote fair competition, the Ministry of Commerce and the National Bank of Cambodia, upon their Press Release dated 24 March 2023 on the Implementation of the Law on Consumer Protection and Prakas on Unfair Contract Clause in the Banking and Financial Sector, have jointly advised all banking and financial institutions to avoid the use of standard form of contract including any of the following unfair clause that:
Disclaimer: The information contained herein is for general information purpose only without being intended to constitute any legal or other professional advice on the subject matter.
28-March-2023
28-March-2023