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1. The Board of Trustees of the National Provident Fund [pdf, 78 KB]

   ...Act; h. If any voluntary contributions are received from international sources, the following sections of the Act apply to such contributions: i. Section 10–17; ii. Section 48A–48C; and iii. Section 49. i. The Board must appoint an AML/CFT Compliance Officer in accordance with section 56(2) and (4) of the Act to oversee compliance with these conditions; j. The Board is required to report annually on the Board’s compliance with the conditions of the exemption, in line w...

2. 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...

3. 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

4. Draft Cost Benefit Analysis: AML Phase II [pdf, 281 KB]

   ...situation, New Zealand can be targeted by international criminal networks as a global weak link to inject the proceeds of crime into the international financial system.  New Zealand has an anti-money laundering and countering financing of terrorism (AML/CFT) regime – but the regime is not appropriate to the level of risk. High risk sectors such as lawyers, real estate agents, accountants, and dealers in high value goods are not required to comply with the AML/CFT obligations. The s...

5. 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...

6. Key initiatives

   ...are safer, improve services, and change long-standing behaviours and attitudes. Anti-money laundering & countering financing of terrorism We are leading work to enhance New Zealand's anti-money laundering and countering financing of terrorism (AML/CFT) framework. Family Justice Reform The Government is working to ensure that children and families affected by disputes about care arrangements receive appropriate support, representation, and protection. The reforms respond to recommendatio...

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   1. Justice sector & policy

7. OIA-Policy Work Programme [pdf, 2.6 MB]

   ...Nāku noa, nā Sam Kunowski Acting Deputy Secretary, Policy Hon Nicole McKee, Minister for Courts, Associate Minister of Justice CC: Hon Paul Goldsmith, Minister of Justice Ministry of Justice Policy Work Programme: Update to Firearms and AML/CFT timelines Date 26 July 2024 File reference Action sought Timeframe Note changes and updates associated with the Firearms and Anti-Money Laundering work programmes At your convenience Contacts for telephone discussion (if requ...

8. [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...

9. Information sent to Ministers

   ...Justice and Courts). 12/12/2024 Weekly Report Courts McKee Weekly Report (Justice, Associate Justice and Courts). 12/12/2024 Weekly Report Justice Goldsmith Weekly Report (Justice, Associate Justice and Courts). 12/12/2024 Aide memoire Justice McKee AML/CFT Meeting 17 December – supervisory amendments. 12/12/2024 Aide memoire Justice Goldsmith Engagement approach for public consultation on the rewrite of the Arms Act 1983 12/12/2024 Aide memoire Justice McKee Engagement approach for...

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   1. About >
   2. Official Information Act requests

10. 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....