|
Investigation & Prosecution |
|
Whilst administratively located within the Investment Promotion Authority (IPA), SCPNG is also responsible for carrying out the enforcement powers and functions of the IPA and the Registrar of Companies in investigating and prosecuting breaches of the appropriate legislations administer by the IPA.
Securities Market in General
The Securities Markets in the Country has grown from strength to strength from its humble beginning ten years ago in 1997. The total value of the Market listed on the Port Moresby Stock Exchange is at K23.8bilion. The market is growing daily because of the Political and economical stability in the last five years.
The Securities Commission only regulates Securities other than Government Bonds, Superannuation Services which are regulated by the Bank of Papua New Guinea and Insurance Securities which are regulated by the Insurance Commissioner.
|