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1. Anti-Money-Laundering-and-Countering-Financing-of-Terrorism-Definitions-Amendment-Regulations-2023.pdf [pdf, 1 MB]

   ...Financing of Terrorism (Definitions) Amendment Regulations 2023; and authorising those regulations for submission to the Executive Council. Policy on gang harm intervention 3 The Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the AML/CFT Act) is a risk-based regime that detects and deters money laundering and terrorism financing and implements relevant international obligations. 4 In July 2022, in response to criminal activities and harms caused by gangs, Cabinet...

2. AMLCFT Statutory Review Final Report [pdf, 5.4 MB]

   CHAPTER 1 Report on the review of the Anti- Money Laundering and Countering Financing of Terrorism Act 2009 Important notice The information in this publication is, according to the Ministry of Justice’s best efforts, accurate at the time of publication. The Ministry will make every reasonable effort to keep it current and accurate. However, users of this publication are advised that: • the opinions contained in this document are those of the Ministry an...

3. Keep our money clean: 1-sided brochure [pdf, 5.8 MB]

   ...Anti-Money Laundering and Countering Financing Terrorism laws operating since 2013. We’re now extending these laws to include more business and service providers as well as additional reporting responsibilities from those companies. The AML/CFT Act now covers transactions and purchases in: Casinos Banks and financial institutions Trust and company service providers Lawyers and conveyancers The following sectors are being covered progressively: Accountants and provider...

4. OIA-111433.pdf [pdf, 4.9 MB]

   ...Page 18 of 34 RE LE AS ED U ND ER T HE O FF IC IA L IN FO RM AT IO N AC T 19 82 Page 19 of 34 IN CONFIDENCE Purpose 1. This briefing provides an introduction to the Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) system, and outlines how we can meet your priorities for system change. Key messages 2. As the Associate Minister of Justice (Firearms), you have been delegated responsibility for the administration of all AML/CFT legislation and regula...

5. Exemption order GMI General Partner of Gareth Morgan Investments Limited [pdf, 66 KB]

   ...its role as general partner of Gareth Morgan Investments Limited Partnership (the Limited Partnership). 2 This exemption is subject to the following conditions: a. That the Limited Partnership complies with all of its obligations under the AML/CFT Act; b. This exemption only applies in relation to the current activities carried out by GMI as general partner of the Limited Partnership; and c. If GMI’s business activities change in a material way, in that it is required to c...

6. AMLCFT Statutory Review Summary Document [pdf, 301 KB]

   ` Review of the AML/CFT Act Summary Document Ministry of Justice October 2021 Important notice The opinions contained in this document are those of the Ministry of Justice and do not reflect official government policy. Readers are advised to seek specific legal advice from a qualified professional person before undertaking any action in reliance on the contents of this publication. The contents of this discussion document must not be construed as legal advice. The...

7. Report highlights New Zealand's effectiveness in combating criminal business and finance terrorism

   ...Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) system across the public and private sectors. Among the report’s findings were: New Zealand has a robust understanding of its money laundering and terrorist financing risks. Our law enforcement agencies regularly use financial intelligence from the AML/CFT system. New Zealand Police have a strong focus and have developed world-leading expertise in targeting and confiscating of proceeds of crime. There is sound cooper...

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8. Twentymans Funeral Services Limited Corrigendum [pdf, 63 KB]

   In the notice with the above title, published in the New Zealand Gazette, 19 November 2024, Notice No. 2024-go5945, the date that Twentymans Funeral Services Limited’s exemption comes into force states “after the date I grant this exemption”. This corrigendum clarifies that the commencement date for the exemption is 19 November 2024. We apologise for any inconvenience this may have caused. All other details remain the same. Any person wishing to provide comment

9. Ernst and Young entities Corrigendum [pdf, 63 KB]

   In the notice with the above title, published in the New Zealand Gazette, 21 November 2024, Notice No. 2024-go6004, the expiry date of the exemption “19 November 2024” is incorrect. The correct date for the expiry of the exemption is 19 November 2029. This corrigendum also clarifies that the commencement date for the exemption is 19 November 2024. We apologise for any inconvenience this may have caused. All other details remain the same. Any person wishing to prov

10. CGE Ministerial Exemption [pdf, 79 KB]

    ...money laundering or terrorism financing is appropriate for CGE, for the following reasons: a. CGE has a very small customer base, with most of those customers being charities. b. Some of its customers are themselves reporting entities under the AML/CFT Act. c. The cash is moved from New Zealand to Australia. Australia has its own AML/CFT regime which will monitor transactions coming into Australia. All transactions are then processed through registered banks which also have their...