Bank South Pacific – Evening Report

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PNG’s police deployment in Honiara ‘vital’ for regional security

November 30, 2021

By Jeffrey Elapa in Port Moresby Papua New Guinea’s deployment of 37 police and Correctional Services staff to Solomon Islands on Friday was done on the back of a regional police-to-police engagement arrangement to help stem the civil unrest in Honiara. Police Commissioner David Manning, who returned to Port Moresby from Honiaria on Friday evening ... <a title="PNG’s police deployment in Honiara ‘vital’ for regional security" class="read-more" href="https://eveningreport.nz/2021/11/30/pngs-police-deployment-in-honiara-vital-for-regional-security/" aria-label="Read more about PNG’s police deployment in Honiara ‘vital’ for regional security">Read more</a>

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PNG banking regulator acts against BSP over money-laundering rules

July 14, 2021

Asia Pacific Report newsdesk Papua New Guinea’s biggest bank — Bank South Pacific with major branch networks across the Pacific region — is the subject of regulatory action by the country’s banking regulator BPNG over failure to comply with anti-money laundering regulations, reports the PNG Post-Courier. The Financial Analysis and Supervision Unit (FASU) of the ... <a title="PNG banking regulator acts against BSP over money-laundering rules" class="read-more" href="https://eveningreport.nz/2021/07/14/png-banking-regulator-acts-against-bsp-over-money-laundering-rules/" aria-label="Read more about PNG banking regulator acts against BSP over money-laundering rules">Read more</a>