SCPNGSCPNG Securities Commission of Papua New Guinea! Independent conduct watchdog for the PNGPNG Papua New Guinea capital markets is established under the Securities Commission Act 2015 (SCASCA 2015 Securities Commission Act 2015). We enforce the Capital Market Act 2015 (CMACMA 2015 Capital Market Act 2015) and Central Depositories Act 2015 (CDACDA 2015 Central Depositories Act 2015). We strive to facilitate the development of the market while ensuring that it remains a fair, secure, orderly, and efficient forum for all stakeholders.

As the country evolves in to the future, more first-time investors are expected to turn to the capital market to better their lives. Our core mandate is to protect them by supervising the market players  when money transfers from those who have it (investors) to those who need it (corporations). Certain risks associated with operating in such industry are inherent. We ensure such systemic risks are mitigated. 


Who we are

As our nation’s capital market matures, there is a need for sound market regulation. And the common interest of all Papua New Guineans in a growing economy that produces jobs improves our standard of living and protects the value of our savings means that all of SCPNG’s actions must be designed toward promoting the capital formation that is necessary to sustain economic growth.

The world of investing is fascinating and complex, yet fruitful. There are no guarantees. That’s why investing is not a spectator sport. While SCPNG ensures systems are designed to mitigate losses, investors are encouraged to educate themselves before investing in securities.

Our securities laws derive from a simple concept: all investors, whether institutions or individuals, should have access to certain basic facts about an investment prior to buying it and as long as they hold it. To achieve this, the SCPNG requires public companies to disclose material financial information to the public. This enables all investors to form informed decisions whether to buy, sell or hold securities. The steady flow of timely, comprehensive, and accurate information is a pivotal enabler to sound investment decisions and therefore facilitates capital formation that is so important to our economy.

To meet this objective SCPNG works with all market participants, including investors to listen to their concerns and learn from their experiences.

SCPNG oversees key market participants, including the PNG National Stock Exchange (PNGXPNGX PNG National Stock Exchange), Securities brokers & dealers, investment advisors, unit trusts, fund managers, property trusts, and financial advisors. We encourage disclosure of material market-related information to investors and fair dealing. The SCA and CMA provisions are designed to protect against fraud, market manipulation, providing false or misleading information about Securities and the companies that issue them. Heavy penalties apply to offenders.

Our website offers the public a wealth of educational information on  SCPNG and what we can and do.


Our History

SCPNG was initially established in 1998 by the now-repealed Securities Act 1997. Limitations inherent in that Act made it difficult for the Commission to effectively respond to challenges posed by the advent of disruptive financial technology coupled with repeated market misconduct by participants and the lessons learned from the financial crisis of 2007 – 2009. In 2015, Parliament passed three (3) securities laws; the SCA 2015SCA 2015 Securities Commission Act 2015CMA 2015CMA 2015 Capital Market Act 2015 and CDA 2015CDA 2015 Central Depositories Act 2015, signaling an overhaul of the securities regulatory regime.

The SCA created the new SCPNG as an independent conducts watchdog of the Capital market. The SCPNG also enforces both the CMA and the CDA. 


Meet Our Team

Robert Salmon Minak

Acting Chairman

James Joshua

Director Licensing & Supervision

Joy Komba

Director Corporate Services


  To promote and maintain a secure capital market that is fair for and accessible to all stakeholders while supporting capital formation through innovative market development.”

Our mission is to provide a high-quality and competitive market infrastructure for both issuers and investors to conduct their business freely, fairly, efficiently, and transparently in a risk-free market. In doing so, we will be supporting innovations, introducing new financial products, and provide the opportunity to enable new innovations, making the PNG capital market a premier choice for investors and issuers in PNG and the Pacific.


“To ensure Port Moresby becomes the Financial Capital of the Blue Pacific by 2040”.

This vision seeks to place PNG in a strategic position to provide an alternative source of funding or a capital-raising hub for the Pacific. The vision is to create a secure capital market for the pacific, especially the MSG group of countries to source funding for investments away from the traditional banking system.