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.
Russian ballistic missiles kill 12 in Ukraine's Kyiv
Russian ballistic missiles have killed 12 people and injured more than 30 in Kyiv early on Thursday, authorities said, damaging buildings and severing power supply to some parts of the Ukrainian capital.
Kenya tourist helicopter crash kills seven
Seven people, including five Americans, were killed on Wednesday when the tourist helicopter they were flying in crashed in Kenya's Samburu county.
US, South Korea to cut length, scope of military drills after Trump order
South Korea and the United States will cut short annual joint military drills to five days from 11 and scale back some field training, the allies said on Wednesday, after President Donald Trump ordered a substantial reduction in US participation.
Central African Republic gold mine collapse kills at least 100
At least 100 people were killed when a low-tech artisanal gold mine collapsed in the Central African Republic on Tuesday, a senior official at a local mining association said.
Israeli airstrike kills nine Palestinians at Gaza police station
An Israeli airstrike killed nine Palestinians at a police station in Gaza on Wednesday, medics said, two days after US envoy Jared Kushner ended a trip to the region that failed to push forward Donald Trump's plan to end the war in the enclave.
