Keep Up To Date with Our Latest Happenings
Enterprise System Initiative
The Securities Commission of Papua New Guinea is launching a transformative initiative to...
John Sarwom
SECURITIES COMMISSION OF PNG OFFICE RELOCATED TO MRDC HAUS, LEVEL 2, CHAMPION PARADE, PORT MORESBY
Port Moresby, August 14, 2023 – With great pleasure we advise the capital...
John Sarwom
𝐃𝐞𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭 𝐤𝐞𝐞𝐧 𝐭𝐨 𝐫𝐚𝐢𝐬𝐞 𝐫𝐞𝐯𝐞𝐧𝐮𝐞
The Securities Commission of Papua New Guinea joined its peer agencies under the...
John Sarwom
𝐊𝐂𝐇𝐋 𝐄𝐧𝐭𝐞𝐫𝐬 𝐂𝐚𝐩𝐭𝐢𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭
KUMUL Consolidated Holdings Limited has been Granted Capital Market License by the 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬...
John Sarwom
Regulator of the PNG Capital Markets
Regulated Capital Market Activities
Dealing in Securities
Dealing in securities is a regulated activity. Schedule 2 Part II (1) of the CMA 2015CMA 2015 Capital Market Act 2015 defines it to mean acquiring, disposing of, subscribing for or underwriting or making or offering to make with any person (s) any agreement to acquire, dispose of, subscribe to or underwrite any securities or derivatives as either principal (yourself) or for others (as agent). Stock brokerage is an example of dealing in securities.
Dealing in Securities
Schedule 2 Part II (1) of the Capital Market Act 2015 concerns Dealing in Securities.
Advising on Corporate Finance
Schedule 2 Part II (4) of the CMACMA 2015 Capital Market Act 2015 2015l defines the Advising on the Corporate Finance. It concernsParts IV, V and VI of the CMA relating to raising of funds by any corporation.
Trading in Derivatives
Schedule 2 Part II (2) of the CMA defines Trading in Derivatives to mean making or offering to make with any person or inducing or attempting to induce any person or soliciting or accepting any order for derivatives whether as principal or agent.
Investment Advice
Schedule 2 Part II (5) of the CMA 2015 defines Investment Advice to mean carrying on a business of advising others concerning securities or drivatives contracts or as part of a business, issue or promulgated analyses or reports concerning securities or derivatives.
Financial Planning
Schedule 2 Part II (6) of the CMA 2015 defines Financial Planning. It relates to ananlysing the financial circumstances of another person and providing a plan to meet that other person's financial objectives, including any investment plan in securities.
CALL US TO ENQUIRE
(+675) 321-2224
Should you have any queries call us or register your query through our Task Registry selfcare portal.
Promote & Maintain a secure capital market that is fair for & accessible to all stakeholders while supporting capital formation, through Innovative Market Development.
PROTECT
We protect investor and the integrity of the market. A fair, orderly and efficient market is central to capital formation. We create a market place where the big guys, the small fellas and the middle men, all play by the rules when investment funds flow from those who have it to those who need it and back.
REGULATE
A well regulated market attracts investors whose contribution promotes the development of the economy. Regulating the Capital Market is therefore pivotal to its development. Our Job is made easier by a team of licensed financial intermediaries & self regulated entities who enforce strict corporate governance practices to keep investors away from scams and deception.
MITIGATE
To provide stability the financial systems we work to develop an innovative and robust framework for oversite and supervision to enable information flow between market players, investors and regulator is timely, relevant, sufficient, transparent and honest. We are then able to identify, monitor, mitigate and manage any risks and its impacts on the market.
