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Compliance in Banking Industry in Papua New Guinea: A Key Focus Area
The banking and finance sector in Papua New Guinea has undergone significant reforms since the 1990s, with a focus on strengthening regulations to ensure compliance. This well-structured approach has reinvigorated the financial institutions, leading to increased profit and expansion.
Our Expertise
As a team of experts with over four decades of experience in PNG’s banking and finance sector, we are well-equipped to guide clients through complex financing transactions. We have worked with major institutional banks, private sector borrowers, multinational project sponsors, government entities, and international financial institutions to ensure compliance with regulations.
Our Expertise Includes:
- Acquisition and leveraged finance
- Asset finance and leasing
- Bank lending
- Corporate finance
- Project finance
- Property and construction finance
- International and trade finance
- Securitization
- Specialized lending
- Structured finance
We also provide guidance on:
- Personal property security
- Debt recovery
- Insolvency
Recent Examples of Our Work
- Advising ANZ Banking Group Limited and Standard Chartered Bank on a syndicated facility for New Britain Palm Oil Ltd
- Advising ANZ PNG Ltd on club financing to Steamships Trading Co Ltd
- Advising the Bank of Papua New Guinea on significant issues and legislation reviews
The Compliance Landscape in PNG
The compliance landscape in PNG is complex, with multiple regulatory bodies and requirements. Our team is committed to ensuring that clients are compliant with all relevant regulations, allowing them to operate efficiently and effectively in the market.
How We Can Help
With our expertise and knowledge of the local market, we can help clients navigate the complexities of banking and finance in Papua New Guinea. Whether it’s a simple transaction or a complex financing arrangement, we are well-equipped to provide guidance and support every step of the way.
Get in Touch
Contact us today to learn more about how we can assist with your compliance needs in PNG’s banking and finance sector.