At this stage, it appears that Papua New Guinea will likely be greylisted by the Financial Action Task Force in early 2026. Zanie Theron, Partner-in-Charge of KPMG’s South Pacific practice, shares what PNG has done so far on greylisting, and the steps the country still must take to address this very serious risk.
What steps does Papua New Guinea need to take to avoid greylisting?
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Deloitte PNG head on how technology is driving growth in Papua New Guinea’s finance sector [video]
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Herbert Maguma, Managing Partner at Deloitte PNG, speaks with Business Advantage PNG about how investments in digital channels and AI are reshaping Papua New Guinea’s financial services sector. He also goes into detail about the likely impact of a financial greylisting on the PNG economy.
Greylisting: what it could mean for Papua New Guinea’s banks and their customers
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Late in 2024, a 226-page report by the global Financial Action Task Force was quietly published online that may, according to the experts, have a significant impact on Papua New Guinea’s banking and finance system. Business Advantage PNG takes a closer look.
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