Proactive release – Documents relating to Implementing the recommendations of the AML/CFT statutory review [pdf, 2.6 MB]
...money laundering allows criminals to amass illicit wealth and furthers the cycle of criminality by making funds available for reinvestment in crime. These crimes cause direct financial losses to individuals, community harm, and in some cases, loss of human life. 12 Dirty money in New Zealand is typically generated through drugs, fraud, and tax evasion, particularly by gangs and organised criminal groups generating large amounts of physical cash that requires laundering. Overseas crimi...