Search Results

1. 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;...

2. Exemption order shared compliance officers for members of a designated business group [pdf, 554 KB]

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

   ...exemption: JPMorgan Chase Bank, N.A (New Zealand Branch) Exempting JPMorgan Chase Bank, N.A (New Zealand Branch) (“JPMorgan”) from section 56(2) of the Act. This exemption is made subject to the following conditions: a. The Australia-based AML/CFT compliance officer must administer and maintain the AML/CFT programmes of JPMorgan; b. the Australia-based AML/CFT compliance officer must report regularly and fully on all relevant AML/CFT compliance matters to JPMorgan’s senior man...

4. 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...

5. 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...

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

   ...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 section 56(2) of the Act that the AML/CFT compliance officer for a reporting entity must be one of its employees. The exemption is made to allow an Australian-based compliance officer who is not an employee of RIGL to be its AML/CFT compliance officer. In this exemption, un...

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

   ...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 strategic review of the AML/CFT Act. Specifically, you requested: Please make available to us...

8. Proactive Release – Expiring Anti-Money Laundering and Countering Financing of Terrorism Act 2009 regulations: substantive and technical changes and new regulatory proposals [pdf, 954 KB]

   ...Financing of Terrorism Act 2009 – Expiring Regulations and New Regulatory Proposals Proposal 1. This paper seeks agreement to proposals to issue new and amend expiring Regulations under the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009. Executive Summary 2. Two key Regulations issued under the AML/CFT Act expire in the next two years. The AML/CFT (Exemptions) Regulations 2011 expire on 30 June 2020, and the AML/CFT (Definitions) Regulations 2011 par...

9. Consultation launched to inform new anti-money laundering laws

   ...upcoming changes to anti-money laundering law to have their say on the proposed reforms. The Ministry has issued a consultation document as part of the Government’s move to extend the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT Act) to more businesses and professions. “We want to make sure our anti-money laundering laws are effective, while minimising the impact on businesses,” says Rajesh Chhana, Deputy Secretary Policy. “Money laundering and terrorist...

   Located in:

   1. About >
   2. News & media >
   3. News & media archive >
   4. Media release archive

10. OIA-Anti-money Laundering and Countering the Financing of Terrorism Act [pdf, 196 KB]

    ...you for your email of 17 October 2024 to the Ministry of Justice, requesting, under the Official Information Act 1982 (the Act), information regarding the amendments to the Anti- Money Laundering and Countering Financing of Terrorism Act 2009 (the AML/CFT Act). Specifically, you requested: 1. Please provide the impact / assessment of Bill of Rights and Human Rights Act 1993 in relation to introduction and amendment of AML / CTF Act when it comes to housing status of people who would b...