A number of the Pacific Islands have a fully centralized, fully electronic registry, which operates on a notice filing system. An important goal of the reforms was to promote increased investor and creditor confidence by having greater uniformity across the Pacific jurisdictions:
Federated States of Micronesia enacted the Secured Transactions Act 2006: Summary.
The Republic of the Marshall Islands enacted the Secured Transactions Act 2007: Online filing system.
Tonga enacted the Personal Property Security Act 2010: Online filing system.
Vanuatu enacted the Personal Property Securities Act 2008: Online filing system.
Solomon Islands enacted the Secured Transactions Act 2008: Online filing system.
Palau enacted the Secured Transactions Act 2012: Online filing system.
More information is available in this report by the Asian Development Bank.