MINISTRY OF COMMERCE, INDUSTRY AND LABOUR (MCIL)
Samoa recently refreshed their Business Registry. The original Catalyst powered Companies Register was launched in 2012. The refreshed site went live in February 2017 and included an integrated Personal Property Security Register (PPSR). The new Personal Property Security Act was passed in 2013 with support from the ADB. Samoa are the first jurisdiction in the Pacific to operate an integrated companies and secured transactions version of Catalyst.
Activation of the Personal Property Securities Registry was the culmination of an extensive reform to establish a personal property securities framework in Samoa. This allows for security interests in movable property to be safely and easily recorded. The reforms were supported by the Asian Development Bank’s (ADB) Pacific Private Sector Development Initiative (PSDI).