The move will restrict international investment and trade flows to and from the Southeast Asian country.
Financial Action Task Force (FATF), a global money-laundering watchdog, says it has concerns that the country is highly vulnerable to money laundering.
They will put Cambodia on its “grey list” within the next couple of months.
US House rejects war powers resolution, backs Trump on Iran war
The US House of Representatives rejected an effort on Thursday to stop President Donald Trump's air war on Iran and require that any hostilities against Iran be authorized by Congress, backing the Republican president's military campaign.
GCC and EU ministers urge immediate halt to Iranian attacks
Foreign ministers from the Gulf Cooperation Council (GCC) and the European Union have strongly condemned the Iranian attacks targeting GCC states, calling them a direct threat to regional and global security.
Trump wants say on Iran's next leader
US President Donald Trump claimed the right to join Iran in deciding its next leader as the war escalated, with US and Israeli jets hitting areas across the country and Gulf cities coming under renewed attack.
British PM Starmer to send four Typhoon jets to Qatar
British Prime Minister Keir Starmer said on Thursday that four additional Typhoon fighter jets would be sent to Qatar amid the ongoing regional developments, insisting that the UK has the right plan for defence.
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