Archive

Grey list

CoveragePost

PNG faces deadline for fixing issues with money laundering and terrorist financing

June 2, 2025

ANALYSIS: By Scott Waide, RNZ Pacific PNG correspondent Papua New Guinea has five months remaining to fix its anti-money laundering and counter-terrorist financing (AML/CTF) systems or face the severe repercussions of being placed on the Financial Action Task Force’s (FATF) “grey list”. The FATF has imposed an October 2025 deadline, and the government is scrambling ... <a title="PNG faces deadline for fixing issues with money laundering and terrorist financing" class="read-more" href="https://eveningreport.nz/2025/06/02/png-faces-deadline-for-fixing-issues-with-money-laundering-and-terrorist-financing/" aria-label="Read more about PNG faces deadline for fixing issues with money laundering and terrorist financing">Read more</a>

CoveragePost

PNG bank agency probes 5000 money-laundering cases – but no prosecutions

August 26, 2022

By Lorraine Wohi in Port Moresby The Bank of Papua New Guinea’s Financial Analysis and Supervision Unit has reported more than 5000 cases as a result of anti-money laundering and counter terrorist financing investigations still awaiting prosecution. Acting governor for BPNG Benny Popoitai said the FASU had identified persons of interest and companies and referred ... <a title="PNG bank agency probes 5000 money-laundering cases – but no prosecutions" class="read-more" href="https://eveningreport.nz/2022/08/26/png-bank-agency-probes-5000-money-laundering-cases-but-no-prosecutions/" aria-label="Read more about PNG bank agency probes 5000 money-laundering cases – but no prosecutions">Read more</a>