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1. Overview

   ...financing? Back to top How do we tackle it? We need some businesses and professions to put measures in place so they don’t unwittingly support criminal activity. These measures are part of the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act. As well as protecting legitimate businesses, AML/CFT measures make it easier for authorities to find out where ‘dirty’ money comes from, prosecute criminals, seize illegally earned money and assets, and stop crime. They also...

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   3. Tackling money laundering and terrorist financing

2. Flyer and Factsheet Arabic [pdf, 3.3 MB]

   ...عمالئها، ونود التأكد من أن القانون يحمي خصوصية األشخاص. يرجى إخبارنا عن رأيكم يف قوانيننا بشأن مكافحة غسل األموال، اذهب إىل: www.justice.govt.nz/amlcft-review نحتاج أن نسمع منكم قبل تاريخ 3 ديسمرب 2021. وشكراً. يعد غسل األموال ومتويل اإلرهاب جرمية غسل األموال هي العملية التي يستخدمها ا...

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. 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...

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. 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...

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

   ...our tools, including strengthening anti-money laundering systems, to make this the hardest place to do criminal business,” Mr Hill said. FATF assessed the effectiveness of the New Zealand 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 intelli...

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8. 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...

9. OIA-97741.pdf [pdf, 201 KB]

   ...part of your request under section 18(e) of the Act as the information requested does not exist. The IAG was established specifically to provide input into the Statutory Review of the Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT Act) and was not required to produce any annual reports. I would also like to request a schedule of all meetings which were held by the group in the past year I am also refusing this part of your request under section 18(d) of th...

10. SPL Ministerial Exemption [pdf, 65 KB]

    ...Group. An exemption would place SFL in substantially the same position as other corporate bond issuers of debt securities which do not have a separate treasury function executed by a separate subsidiary company and are therefore not subject to the AML/CFT Act. c. SFL has been granted exemptions in the FMA and the RBNZ regulatory regimes for NBDTs. In those exemptions, the regulatory body also took the view that SFL’s role must be viewed as part of the Spark Group as a whole, as a separ...