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1. 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...

2. 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...

3. Members of the Tribunal

   ...Councillor. Neil O'Connor, AREINZ Mr O'Connor currently owns and operates Property Management New Zealand that service the greater Auckland area. He also currently consults to Ray White, Pure Realty Ltd in Royal Oak assisting with recruiting, training and all AML Compliance. He entered real estate in 1986 and became an AREINZ in 1995. Throughout this time he has both owned and managed offices with up to 35 staff under several of the main franchise groups in New Zealand. Mr O'Connor is also the...

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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. 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

6. 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

7. 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

8. 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

9. 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...

10. Exemption order Quakers Investments Ethical Trust redacted [pdf, 28 KB]

    ...applicants. (b) The obligations imposed on the Trust would be disproportionate given the lower risk of money laundering or terrorist financing in the circumstances outlined in this exemption. 4. If any additional information is received by an AML/CFT supervisor that raises concern of money laundering or terrorist financing, the exemption may be revisited. 5. This exemption will come into force on the day after the date I grant this exemption. 6. This exemption will expire on 30 Ju...