Search Results

1. Implementation of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 - Regulations and Codes of Practice - Discussion Document [pdf, 486 KB]

   ...Regulations and Codes of Practice DISCUSSION DOCUMENT February 2010 2 Table of Contents Information Section One – Introduction 5..........Purpose of this document 6..........The AML/CFT Act 7..........Regulatory regime 8..........Scope of the regulatory framework 9..........Commencement timeframes Section Two – Exemptions, inclusions and thresholds 10.........Exemptions 10.........Temporary exemptions...

2. Proactive Release - Amendments to the Criminal Proceeds (Recovery) Act 2009 [pdf, 2.7 MB]

   ...2022 • 9(2)(h) to maintain legal professional privilege. © Crown Copyright, Creative Commons Attribution 4.0 International (CC BY 4.0) No. Document Comments 5 Criminal Activity Intervention Legislation Some information has been withheld in Bill and Criminal Proceeds (Recovery) accordance with sections: Amendment Bill: Approval for • 9(2)(f)(iv) to protect the confidentiality of Introduction advice; Cabinet paper • 9(2)(g)(i) to protect free and frank advice; Office of the M...

3. RIS Regulatory Systems Justice Amendment Bill package [pdf, 1.1 MB]

   ...Zealand REA The Real Estate Agents Authority REAA Real Estate Agents Act 2008 READT Real Estate Agents Disciplinary Tribunal REINZ Real Estate Institute New Zealand RIS Regulatory Impact Statement RSAB Regulatory Systems (Justice) Amendment Bill RSABs Regulatory Systems Amendment Bills 54qq9y3jt5 2024-12-06 11:51:05 Page 5 of 47 UNCLASSIFIED UNCLASSIFIED Contents Regulatory Impact Statement: Regulatory Systems (Justice) Amendment Bill package ..............

4. Regulatory Systems Amendment Bill [pdf, 218 KB]

   ...submit a border cash report if they have received an accompanied cash movement so that the obligation only applies in respect of unaccompanied cash. Provide relief and to specifically exclude an activity from attracting obligations under the AML/CFT Act where it is not practical and does not provide demonstrated intelligence value. 66. Require border cash reports for stored value instruments, casino chips, and precious metals and stones (but excluding credit or debit card...

5. Ministerial Exemption Notice: Travelex Financial Services New Zealand Ltd [pdf, 211 KB]

   Ministerial exemption: Travelex Financial Services NZ Ltd 1. In my capacity as the Associate Minister of Justice, and pursuant to section 157 of the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009 (the Act), I grant Travelex Financial Services NZ Limited (Travelex NZ) an exemption from section 56(2) of the Act, in so far as the AML/CFT compliance officer must be an employee of the reporting entity. 2. This exemption is granted s...

6. BORA Regulatory Systems (Justice) Amendment Bill package [pdf, 267 KB]

   ...the Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT Act), by the Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill (PCO 26789/3.6) (AML/CFT Bill); and 2.3 occupational regulation regimes covering lawyers and conveyancers, sex work and real estate services by the Regulatory Systems (Occupational Regulation) Amendment Bill (PCO 26686/8.2) (Occupational Regulation Bill). 3. The proposals are not intended to effect significant policy chan...

7. Exemption order Goldman Sachs NZ Limited [pdf, 51 KB]

   Ministerial Exemption: Goldman Sachs New Zealand Limited 1 In my capacity as the Associate Minister of Justice and pursuant to section 157 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (‘the Act’), I exempt the GSNZ Reporting Entities (as that term is defined in 2 below) from section 56(2) of the Act, in so far as the AML/CFT compliance officer must be an employee of the reporting entity. 2 ‘GSNZ Reporting Entities’ means: a. Gol...

8. JPMorgan Ministerial Exemption [pdf, 64 KB]

   Ministerial Exemptions Under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 In accordance with section 157 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (“Act”), the Associate Minister of Justice granted the following exemption from the Act: Ministerial Exemption: JPMorgan Chase Bank, N.A (New Zealand Branch) Exempting JPMorgan Chase Bank, N.A (New Zealand Branch) (“JPMorgan”) from: a. Section 56(2) of the Act. The...

9. Exemption order First State Investment NZ Limited [pdf, 27 KB]

   ...the Minister of Justice and pursuant to section 157 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (‘the Act’), I exempt First State Investment (NZ) Limited (FSINZL) from section 56(2) of the Act in so far as the AML/CFT compliance officer must be an employee of the reporting entity. The exemption is made in this case to allow the AML/CFT compliance officer to be an employee of an Australian entity that is a member of the Commonwealth Bank of Australia g...

10. GSNZ Ministerial Exemption [pdf, 65 KB]

    ...from the Act: Ministerial Exemption: Goldman Sachs New Zealand Limited Exempting Goldman Sachs New Zealand Limited (“GSNZ”) from: a. Section 56(2) of the Act. The exemption is subject to the following conditions: a. The Australia-based AML/CFT compliance officer must administer and maintain the AML/CFT programme of GSNZ; b. The Australia-based AML/CFT compliance officer must report regularly and fully on all relevant AML/CFT compliance matters to the senior management of GSNZ;...