Search Results

1. JPMorgan Chase Bank N.A. New Zealand Branch [pdf, 73 KB]

   Ministerial Exemptions Under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 In accordance with section 157(6)(b) of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (“Act”), the Associate Minister of Justice gave notice on 25 July 2018 that he has 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) (“JPMorga...

2. Anti-Money Laundering and Countering Financing of Terrorism - Cabinet Paper 2 - Sept 2016 [pdf, 126 KB]

   ...of the Minister of Justice ANTI-MONEY LAUNDERING AND COUNTERING FINANCING OF TERRORISM REFORMS: PHASE II Proposal 1. To progress the second phase of reforms to New Zealand’s anti-money laundering and countering financing of terrorism (AML/CFT) regime, I seek Cabinet’s agreement to: 1.1. the early policy decisions outlined in this paper; 1.2. grant me a limited Power to Act to make some further decisions to progress the early decisions; 1.3. issue drafting...

3. Regulatory Impact Statement Implementation of the anti money laundering and countering financing of terrorism act 2009 proposed regulations [pdf, 1.1 MB]

   Regulatory Impact Statement Implementation of the Anti·Money Laundering and Countering Financing of Terrorism Act 2009 - Proposed Regulations Agency Disclosure Statement This Regulatory Impact Statement has been prepared by the Ministry of Justice. It provides an analysis of options to regulate to ensure the Anti-Money Laundering and Countering Financing of Terrorism Act (the AMUCFT Act) implements the internationally accepted Financial Action Task Force (FATF) anti-money laundering...

4. BORA Anti-Money Laundering and Countering Financing of Terrorism Bill [pdf, 313 KB]

   ...(PCO12951/9.0) for consistency with the New Zealand Bill of Rights Act 1990. 2. According to the explanatory note the purpose of the Bill is to enhance New Zealand's framework for anti-money laundering measures and countering the financing of terrorism (AML/CFT) so as to progress compliance with the Financial Action Task Forces (FATF) recommendations. The Bill aims to improve the detection and deterrence of money– laundering and the financing of terrorism, thereby enhancing our inte...

5. Terms of Reference for Stat Review Final [pdf, 115 KB]

   Review of New Zealand’s AML/CFT Framework Terms of Reference 1. Background The Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the AML/CFT Act) forms a significant part of New Zealand’s framework to combat money laundering, terrorism financing, and otherwise keep illicit funds out of the economy. The purposes of the Act are to: • detect and deter money laundering and terrorism financing; • to maintain and enhance New Zealand’s inter...

6. Proactive release – Criminal Activity Intervention Legislation Bill [pdf, 15 MB]

   ...and Justice have not identified any comparable jurisdiction in the world that has enacted any such offence. Preventing criminal cash from being converted to high value goods or introduced to the financial system 18. The statutory review of the AML/CFT Act has identified a number of options that would make it harder for gangs to enjoy cash proceeds or get them into the financial system. The Ministry of Justice will make recommendations to the Minister of Justice on 30 June relating to:...

7. Russell Investment Group Limited [pdf, 82 KB]

   Ministerial Exemptions Under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 In accordance with section 157(6)(b) of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (“Act”), the Associate Minister of Justice gave notice on 6 April 2020 that he has granted the following exemption from the Act: Ministerial Exemption: Russell Investment Group Limited Exempting Russell Investment Group Limited (RIGL) from the requirement in sectio...

8. BORA Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill [pdf, 192 KB]

   BORA-AML-AMENDMENT-BILL.DOC 3 March 2017 Attorney-General Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill Our Ref: ATT395/264 1. We have reviewed the Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill (Bill). We advise it appears to be consistent with the rights and freedoms in the New Zealand Bill of Rights Act 1990 (Bill of Rights Act). 2. We understand that the version of the Bill we have reviewed (copy attached) is int...

9. Proactive-release-20240715-CAB-Regulatory-Systems-Justice-Amendment-Bill_Final.pdf [pdf, 9.6 MB]

   I N C O N F I D E N C E 1 I N C O N F I D E N C E In Confidence Office of the Minister of Justice Office of the Associate Minister of Justice Cabinet Social Outcomes Committee Regulatory Systems (Justice) Amendment Bill Package: Policy Proposals Proposal 1 We seek agreement to amend legislation that impacts the Ministry of Justice (the Ministry’s) regulatory systems through a package of four associated bills: 1.1 the Regulatory Systems (Courts Improvement) Amendment Bi...

10. OIA-98200.pdf [pdf, 247 KB]

    Justice Centre | 19 Aitken Street DX SX10088 | Wellington T 04 918 8800 | F 04 918 8820 contactus@justice.govt.nz | www.justice.govt.nz 31 August 2022 Our ref: OIA 98200 Tēnā koe Official Information Act request: Strategic review of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the AML/CFT Act) Thank you for your email of 8 August 2022, requesting, under the Official Information Act 1982 (the Act), information relating to the strat...