Ministerial exemption: Travelex Financial Services Limited New Zealand (Amendment)
Status: In force
Date Made
Date signed: 2026-09-17
Sectors
Currency exchangers
Enacting statement
In accordance with section 157 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (“the Act”), the Associate Minister of Justice hereby gives notice that she has amended the following exemption from the Act:
Ministerial Exemption: Travelex Financial Services Limited New Zealand
Commencement date
This exemption comes into force on 2026-09-18
End date
This exemption will expire on 2030-11-28
Exemption
On 28 November 2025, the Associate Minister of Justice granted an exemption to Travelex Financial Services Limited New Zealand ("Travelex") from the Anti-Money Laundering and Countering Financing of Terrorism Act 2009. The exemption related to when a cash report must be provided under Regulation 7(2) of the Anti-Money Laundering and Countering Financing of Terrorism (Cross-border Transportation of Cash) Regulations 2010. The exemption was granted on the terms and conditions set out in the New Zealand Gazette notice, 26 November 2025, Notice No. 2025-sl6783 (“Ministerial Exemption”).
Since the exemption was granted, Regulation 7(2) of the Anti-Money Laundering and Countering Financing of Terrorism (Cross-border Transportation of Cash) Regulations 2010 has been revoked. The cash reporting obligations have now been integrated into the Act under section 70(d).
Accordingly, this notice amends the Ministerial Exemption so that Travelex is now exempt from section 70(d)(iii)-(iv) of the Act.
Conditions
The terms, conditions, and all other details of the Ministerial Exemption remain unchanged.
Statement of reasons
Contact
Any person wishing to provide comment on this notice should contact the Anti-Money Laundering and Countering Financing of Terrorism Team at the Ministry of Justice by emailing amlcft.exemptions@justice.govt.nz.
Corrigendum
Previous exemptions
Travelex Financial Services Limited New Zealand