1. Bumphead parrotfish (Bolbometopon muricatum) and Napoleon wrasse (Cheilinus undulatus) are large, charismatic species with high economic and cultural value in Palau and are important for ecosystem function.2. As a result of intense fishing pressure, landings in Palau for both species declined dramatically in the 1990s and, in response, national legislation was enacted in 2006 that imposed a total ban on the extraction, possession, and sale of both species.3. In 2013 and 2021, fisheries-independent stock assessments were conducted and found that the spawning potential ratios (SPRs) for bumphead parrotfish increased slightly from 30% to 34%. Conversely, the SPRs for Napoleon wrasse declined from 12% in 2013 to 4% in 2021. Despite the fishery being closed since 2006, these data suggest the likelihood of significant poaching, resulting in low SPR values, particularly for Napoleon wrasse.