Proactive Release - Amendments to the Criminal Proceeds (Recovery) Act 2009 [pdf, 2.7 MB]
...amendments to CPRA [SWC-20-MIN-0074.01 refers]. A new power to respond to transnational offending Problem definition: Evidentiary hurdles in transnational cases impede investigations 20. Police has identified cases of significant assets, derived from offshore offending, being laundered in New Zealand real estate, commercial businesses, and the financial sector. New Zealand’s reputation as a safe, secure, and high integrity jurisdiction incentivises efforts to launder illicit funds...