FOR IMMEDIATE RELEASE
January 31, 2023
SR Curio Registered as an Entity with the Financial Analysis and Supervision Unit (FASU)
SR Curio is registered as a Designated Non-Financial Business or Profession (DNFBP) in accordance with Section 57 of the Anti-Money Laundering and Counter Terrorist Financing Act 2015
[Port Moresby, Papua New Guinea]: SR Curio today announced its registration with the Bank of Papua New Guinea (BPNG). This milestone is a major move for SR Curio on its mission to become a strategic partner of its clients in the APEC region.
“The registration in June 2022 with FASU as a reporting entity under the Act, ensures that SR Curio will comply with its reporting obligations under the Act at all times” says Sofia Ramoi, Founder and Director at SR Curio Investments Limited. “Understanding and complying with our obligations as a registered entity aligns with our strategic plans and is a testament to the growth of our asset management and real estate portfolio .”
This news comes in the wake of many recent initiatives and accomplishments of the company, including:
- Registration as a Participant member of the UN Global Compact – the world’s largest corporate social responsibility initiative;
- Registration with Nambawan Super Limited as a Registered Employer; and
- Registration as a vendor with Jones Lang Laselle (JLL) a global commercial real estate services company.
About SR Curio: SR Curio Investments Limited was established in 2016. Its directors include Sofia Ramoi and Noreo Beangke. SR Curio is a participant member of the UN Global Compact – the world’s largest corporate initiative. Our mission is to create authentic human brands and experiences to leverage social impact. Learn more here.
About FASU: FASU is PNG’s Financial Intelligence Unit (FIU), was formerly housed within the Royal Papua New Guinea Constabulary (RPNGC) and now re-established within the Bank of PNG. FASU is established by virtue of the Anti-Money Laundering and Counter Terrorist Financing (AML/CTF) Act 2015. FASU has the primary responsibilities for the collection of financial intelligence and information, and the analysis, dissemination, and exchange of such financial intelligence with law enforcement and regulatory authorities domestically and also with its foreign counter-parts. FASU also has the responsibilities of developing and maintaining PNG’s Anti-Money Laundering and Counter Terrorist Financing (AML/CTF) supervision and compliance framework for all financial institutions and designated non-financial business or professions. Learn more about FASU here.