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1. Crown Infrastructure Partners Limited CIP [pdf, 88 KB]

   ...remain subject to suspicious activity reporting obligations, and the Encumbrance Model is structured so that the risk of money laundering/terrorism financing is low, the exemption does not derogate from the integrity of, and compliance with, the AML/CFT regulatory regime. This exemption comes into force on 14 November 2019. This exemption will expire on 31 October 2024. Any person wishing to provide comment on this notice should contact the Terrorism and Law Enforcement Stewardshi...

2. FSSI Ministerial Exemption [pdf, 93 KB]

   ...“depositors”. The exemption comes into force the day after publication. The exemption will expire on 17 January 2028. Any person wishing to provide comment on this notice should contact the Criminal Law Team at the Ministry of Justice by emailing amlcft.exemptions@justice.govt.nz. mailto:amlcft.exemptions@justice.govt.nz

3. Justice Matters - issue 04 - September 2016 [pdf, 7 MB]

   ...Businesses affected by upcoming changes to anti-money laundering law were encouraged to have their say recently. During the past month the Ministry consulted on the proposal to extend the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009 to more businesses and professions. ‘We want to make sure the AML/CFT regime is effective, while minimising the impact on businesses,’ says Rajesh Chhana, Deputy Secretary Policy. ‘Money laundering allows criminals...

4. Key initiatives

   ...victims are safer, improve services, and change long-standing behaviours and attitudes. Anti-money laundering & countering financing of terrorism We lead the development of New Zealand's anti-money laundering and countering financing of terrorism (AML/CFT) frameworks and we are currently reviewing the Act. Family Justice Reform The Government is working to ensure that children and families affected by disputes about care arrangements receive appropriate support, representation, and prot...

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5. Information sent to Ministers

   ...18/10/2024 Report Justice Goldsmith Weekly Report (Justice, Associate Justice and Courts) 17/10/2024 Weekly Report Courts McKee Weekly Report (Justice, Associate Justice and Courts) 17/10/2024 Aide memoire Justice McKee Additional Talking Points for AML/CFT supervisor and levy models for Cabinet Press Release – AML reform efficient and effective structures Q&As – AML reform efficient and effective structures 17/10/2024 Briefing Justice McKee Initial Briefing: Clubs and Ranges 17...

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   2. Official Information Act requests

6. [2020] NZEmpC 167 Noble v Ballooning Canterbury.com Ltd [pdf, 287 KB]

   ...[52]. 25 At [53]. [66] A third factor I was required to consider related to whether there had been non-compliance with the obligations held by a lawyer under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT Act). After the hearing relating to the application, GRL filed a late affirmation from an officer administrator, stating that payments made by Mr Noble to the firm had been made by credit card; this meant that the argument concerning...

7. Regulatory Impact Statement all-of-Government Response to Organised Crime [pdf, 331 KB]

   ...Strengthening New Zealand’s Resistance to Organised Crime: An all-of-Government Response published in August 2011. The proposals in this paper focus on ensuring New Zealand maintains an effective regime for targeting organised crime, and enabling law enforcement agencies to respond quickly and effectively to new challenges as they emerge. In addition, the proposals bring aspects of New Zealand’s domestic law into conformity with a number of international agreements and standards....

8. Guidance for property sales and settlements during COVID-19

   ...regional or national level. For up-to-date key information about COVID-19 Alert Levels and moving, selling or buying a property, see the Unite Against COVID-19 website: Moving, buying and selling your home You should be aware when entering a property transaction that the COVID-19 Alert Level could be increased at any time and new restrictions would apply. You should take this into account in your planning and discuss with your lawyer and real estate agent. Guidance for people in an Alert Level...

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9. Justice Matters - issue 10 - March 2018 [pdf, 3.3 MB]

   ...a 10-year period, it’s estimated the new laws will disrupt $1.7 billion of illegal drugs and fraud crime and up to $5 billion in broader criminal activity. The Government passed the Anti-Money Laundering and Countering Financing of Terrorism (AML/ CFT) Act in 2009. It has been in force since 2013 and applies to banks, casinos and financial service providers. From 1 July 2018, it will be progressively extended to lawyers, conveyancers, new trusts and company service providers, accou...

10. Property sales and settlements guidance for lawyers during COVID-19

    ...COVID-19 Alert Level could be increased at any time and new restrictions would apply. You should take this into account when advising your clients. How are property sales and settlements affected in an Alert Level 4 area? At COVID-19 Alert Level 4, any activity relating to property sales must only be done remotely and moving house is not allowed except in extreme circumstances. If a property settlement is due to occur during Alert Level 4, we recommend that parties agree to delay settlement if...

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    4. COVID-19 news archive