The newly appointed executives of the PNG Resource Governance Coalition (PNGRGC) have called on the government to prioritize the reforms under the Extractive Industries Transparency Initiative (EITI) standard to help prevent PNG being grey listed by the Financial Action Taskforce (FATF).
The members of the PNGRGC appointed their 2025 Council at the recently concluded Annual General Meeting on Thursday 19th June 2025 at the Gateway Hotel, Port Moresby city.
“Reforms pursued under the EITI standard related to governance and accountability over resource utilization can contribute towards ensuring PNG is not grey listed by FATF.
Making information available on the owners of a company through a publicly available Beneficial Ownership Registry, is a measure recommended by both EITI and FATF.
PNG has already met the requirement under EITI to ensure all extractive companies disclose who their owners are, so the government should extend the same approach to the remainder of companies so as to meet the FATF requirements,” said Ms. Arianne Kassman representing Transparency International PNG, President elect of the PNGRGC.
Ms. Kassman said the PNGRGC is the peak body representing civil society interests in the Papua New Guinea Extractive Industries Transparency Initiative (PNGEITI), which is a process whereby extractive companies disclose payments made to the State, and revenue agencies report payments received by industry, as well as having to comply with other standards related to sub-national transfers, contract transparency, and related to gender opportunities and environmental accountability.
“The PNGRGC is a registered association whose members are themselves registered associations, working to promote good governance in the extractive sector of Papua New Guinea.
The following organizations are members of the PNGRGC Council:
- President – Transparency International Papua New Guinea (TIPNG) Inc.
- Vice President – Center for Environmental Law and Community Rights (CELCOR) Inc.
- Secretary – Consultative Implementation & Monitoring Council (CIMC)
- Treasurer – Papua New Guinea Institute of National Affairs (INA)
Membership for the PNGRGC is open for formally registered associations and forms can be collected by contacting the PNGRGC Secretariat Officer, Ms. Michelle Mondia, on pngrgcadm@gmail.com or calling 3234917 and speaking with the PNGRGC office,” she added.