Bougainville Launches Offshore Gaming and Financial Authorities
Bougainville has formally launched two new regulators: the Bougainville Offshore Gaming Authority (BOGA) and the Bougainville Offshore Financial Authority (BOFA).
Offshore Authorities Launched
Bougainville, Papua New Guinea, 5th Dec 2025 – Bougainville today announced the official launch of the Bougainville Offshore Gaming Authority (BOGA) and the Bougainville Offshore Financial Authority (BOFA). These new regulatory bodies mark a major step in Bougainville’s plan to position itself as a leading offshore destination for licensed digital entertainment, fintech, and blockchain-based financial enterprises.
BOGA and BOFA will operate under an integrated framework designed to attract international operators. In addition, the framework aims to ensure strong compliance, responsible governance, and long-term economic benefits for the region.
Commitment to Regulation
“The establishment of these authorities underscores Bougainville’s commitment to building a transparent and well-regulated offshore ecosystem,” said Robert Phillip, spokesperson for BOGA and BOFA. “We aim to promote innovation while protecting stakeholders. Our goal is to create a globally recognized jurisdiction where responsible gaming, digital finance, and blockchain enterprises can operate within a clear and credible regulatory structure.”
The Bougainville Offshore Gaming Authority (BOGA) will oversee licensing, compliance, and operational standards for online gaming operators. It will cover interactive entertainment, iGaming, and esports platforms. Furthermore, it will work with global partners to enforce responsible gaming practices and anti-money laundering (AML) requirements.
Financial Oversight Expansion
The Bougainville Offshore Financial Authority (BOFA) will regulate offshore financial services, asset management companies, and fintech providers. These include firms offering tokenized assets, stablecoins, trade finance instruments, and other digital financial products. BOFA aims to create a compliant and supportive environment for financial innovation, bridging Pacific markets with emerging hubs in Asia, the Middle East, and Europe.
Together, BOGA and BOFA represent a strategic initiative to diversify Bougainville’s economy and generate sustainable revenue. Moreover, the joint effort is designed to encourage responsible international investment in line with the region’s move toward greater economic autonomy.
About the Bougainville Offshore Gaming Authority (BOGA):
BOGA is the official regulator for offshore gaming and entertainment operations licensed under Bougainville law. It provides transparent, enforceable licensing frameworks designed to attract legitimate international operators while maintaining player protection and oversight integrity.
About the Bougainville Offshore Financial Authority (BOFA):
BOFA serves as Bougainville’s financial regulatory authority for offshore fintech, digital asset, and financial service activities. It facilitates the registration and compliance of offshore financial operators and supports responsible fintech innovation under robust AML and KYC standards.
Company Details
Organization: Bougainville Offshore Financial Authority
Contact Person: Merrill Fabry
Website: https://bougainvilleofa.org
Email: Send Email
City: Bougainville
Country: Papua new Guinea
Release Id: 05122538520