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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. 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...

3. 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...

4. 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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5. 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...

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

   ...apologise for any inconvenience this may have caused. All other details remain the same. Any person wishing to provide comment on this notice should contact the Terrorism and Law Enforcement Stewardship Team at the Ministry of Justice by emailing amlcft.exemptions@justice.govt.nz. https://dash.gazette.govt.nz/notice/id/2024-go5945 https://dash.gazette.govt.nz/notice/id/2024-go5945 mailto:amlcft.exemptions@justice.govt.nz

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

   ...apologise for any inconvenience this may have caused. All other details remain the same. Any person wishing to provide comment on this notice should contact the Terrorism and Law Enforcement Stewardship Team at the Ministry of Justice by emailing amlcft.exemptions@justice.govt.nz. https://gazette.govt.nz/notice/id/2024-go6004?stageDraft https://gazette.govt.nz/notice/id/2024-go6004?stageDraft mailto:amlcft.exemptions@justice.govt.nz

8. 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...

9. 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...

10. BORA Regulatory Systems (Justice) Amendment Bill package [pdf, 267 KB]

    ...authorities, by the Regulatory Systems (Courts) Amendment Bill (PCO 26707/9.0) (Courts Bill) and Regulatory Systems (Tribunals) Amendment Bill (PCO 26227/3.6) (Tribunals Bill); 2.2 the Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT Act), by the Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill (PCO 26789/3.6) (AML/CFT Bill); and 2.3 occupational regulation regimes covering lawyers and conveyancers, sex work and real estate services b...