Search Results

1. OIA-102463.pdf [pdf, 248 KB]

   ...activities can be found in its Annual Report here: • sfo.govt.nz/assets/Uploads/Annual-Report-2022-Web.pdf Anti-money laundering and countering the financing of terrorism The Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT Act) improves New Zealand’s safety by making it harder for criminals to profit from their offending and disrupting the financing of terrorism. The AML/CFT Act helps ensure markets are not distorted by illicit funds and helps to...

2. Exemption order Methodist Employment Generation Fund (Northern) Trust [pdf, 28 KB]

   ...retains control of the use of funds of the organisation for lending purposes. (v) MEG meets the criteria of a ‘lower risk’ financial inclusion institution under FATF guidelines, to be granted a partial exemption allowing it to apply simplified AML/CFT measures. (b) The obligations imposed on MEG would be disproportionate given the low risk of money laundering or terrorist financing in the circumstances outlined in this exemption. 3. This exemption comes into force on the day af...

3. Exemption order Nelson Enterprise Loan Trust [pdf, 28 KB]

   ...retain control of the use of funds of the organisation for lending purposes. (v) NELT meets the criteria of a ‘lower risk’ financial inclusion institution under FATF guidelines, to be granted a partial exemption allowing it to apply simplified AML/CFT measures. (b) The obligations imposed on Nelson Enterprise Loan trust would be disproportionate given the low risk of money laundering or terrorist financing in the circumstances outlined in this exemption. 3. This exemption comes...

4. KO Ministerial Exemption [pdf, 93 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: Kāinga Ora Exempting Kāinga Ora from: a. Sections 10–71 for its First Home grant and the Tenant Home Ownership grant; and b. Sections 10–38 and 48A–71

5. NPF Ministerial Exemption [pdf, 69 KB]

   ...10–17 of the Act: h. If any voluntary contributions are received from international sources, the following sections of the Act apply to such contributions: i. Sections 10–17: ii. Section 48A–48C; and iii. Section 49. i. NPF must appoint an AML/CFT Compliance Officer in accordance with section 56(2) and (4) of the Act to oversee compliance with these conditions; and j. NPF must inform the Ministry of Justice of any changes that may affect the exemption and/or conditions im...

6. RCDPN Ministerial Exemption [pdf, 65 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: Roman Catholic Diocese of Palmerston North Exempting the Roman Catholic Diocese of Palmerston North (“RCDPN”) from: a. Sections 10–71 of the Act. The ex

7. NZLC Ministerial Exemption [pdf, 63 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: New Zealand Lotteries Commission Exempting The New Zealand Lotteries Commission (“NZLC”) from: a. Sections 10–71 of the Act. In respect of its MyLotto A

8. FFCL 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: Fonterra Farmer Custodian Limited Exempting Fonterra Farmer Custodian Limited (FFCL) from: a. Sections 10–71 from the Act. The exemption is subject to the f

9. FSFMCL-Ministerial-Exemption.pdf [pdf, 61 KB]

   ...investments. 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

10. Newtown Ethical Lending Trust [pdf, 71 KB]

    ...be used; c. granting this exemption would have little to no impact on the prevention, detection, investigation and prosecution of ML/TF offences; d. granting NELT an exemption would have no impact on the integrity of, and compliance with, the AML/CFT regulatory regime; and e. granting NELT this exemption is unlikely to affect third-party reporting entities. As a non-for-profit organisation, NELT has no competitors. An exemption would therefore not create an unfair advantage for NE...