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1. Proactive Release – Expiring Anti-Money Laundering and Countering Financing of Terrorism Act 2009 regulations: substantive and technical changes and new regulatory proposals [pdf, 954 KB]

   ...Financing of Terrorism Act 2009 – Expiring Regulations and New Regulatory Proposals Proposal 1. This paper seeks agreement to proposals to issue new and amend expiring Regulations under the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009. Executive Summary 2. Two key Regulations issued under the AML/CFT Act expire in the next two years. The AML/CFT (Exemptions) Regulations 2011 expire on 30 June 2020, and the AML/CFT (Definitions) Regulations 2011 par...

2. Deloitte report: Assessment of business compliance costs of the indicative anti-money laundering regulatory requirements [pdf, 2 MB]

   .................................................................................................................................................. 5 1.1. Background .......................................................................................................................... 5 1.2. Proposed AML legislation.................................................................................................... 5 1.2.1. Know Your Customer......................................................

3. Ministry of Justice consultation paper on Phase Two of the AML/CFT Act [pdf, 317 KB]

   Improving New Zealand’s ability to tackle money laundering and terrorist financing Ministry of Justice consultation paper on Phase Two of the AML/CFT Act August 2016 2 Contents Contents ....................................................................................................................................... 2 Glossary .......................................................................................................................................

4. RIS Regulatory Systems Justice Amendment Bill package [pdf, 1.1 MB]

   ...Regulatory Systems (Courts Improvement) Amendment Bill; • a Regulatory Systems (Tribunals) Amendment Bill; • a Regulatory Systems (Occupational Regulation) Amendment Bill; and • an Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Amendment Bill. Across the four Bills, there are 74 proposed amendments to 20 Acts. Based on input and advice from the Treasury and the Ministry for Regulation, 23 of the 74 proposed amendments for inclusion in the Bill package are r...

5. Summary of submissions on Phase Two of the AML/CFT reforms [pdf, 700 KB]

   1 Improving New Zealand’s ability to tackle money laundering and terrorist financing Summary of submissions on Phase Two of the AML/CFT reforms Prepared for: Ministry of Justice December 7, 2016 2 Contents Executive summary 3 Overview 10 Improving New Zealand’s ability to tackle money laundering and terrorist financing 10 Analysis of submissions 11 Support for Phase Two 12 Sector-specific issues and questions 13 L...

6. Proactive release – Documents relating to Implementing the recommendations of the AML/CFT statutory review [pdf, 2.6 MB]

   Hon Kiri Allan Minister of Justice Proactive release – Documents relating to Implementing the recommendations of the AML/CFT statutory review Date of issue: 22 March 2023 The following documents have been proactively released in accordance with Cabinet Office Circular CO (18) 4. Some information has been withheld on the basis that it would not, if requested under the Official Information Act 1982 (OIA), be released. Where that is the case, the relevant sectio...

7. OIA-116775 [pdf, 5.3 MB]

   ...of 17 November 2024, to the Ministry of Justice (the Ministry) requesting, under the Official Information Act 1982 (the Act), information regarding the amendments to the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the AML/CFT Act). Specifically, you requested: Please provide me with all the documents that you can release with regards to the Statutes Amendment Bill and the other bill with regards to amendments to the AML/CFT Act, mentioned in the below p...

8. RIA: AML/CFT Expiring Regulations [pdf, 422 KB]

   Impact Statement Template | 1 Coversheet: AML/CFT Expiring Regulations Advising agencies Ministry of Justice Decision sought This analysis has been prepared to inform Cabinet decisions regarding new Anti-money Laundering and Countering Financing of Terrorism (AML/CFT) regulations and substantial policy changes to the existing AML/CFT regulations Proposing Ministers Minister of Justice Summary: Problem and Proposed Approach Problem Definition What problem or op...

9. Proactive Release - Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT): High-Value Dealer Regulations [pdf, 1.9 MB]

   © Crown Copyright, Creative Commons Attribution 4.0 International (CC BY 4.0) Hon Andrew Little Minister of Justice Proactive Release – Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT): High-Value Dealer Regulations Date of issue: 8 August 2019 The following documents have been proactively released in accordance with Cabinet Office Circular CO (18) 4. Some information has been withheld on the basis that it would not, if requested under the Official Inf...

10. Anti-Money Laundering and Countering Financing of Terrorism - Cabinet Paper 3 - October 2016 [pdf, 1.2 MB]

    ...ANTI-MONEY LAUNDERING AND COUNTERING FINANCING OF TERRORISM REFORMS: PHASE II Proposal 1. Further to the decision to pass legislation implementing the second phase of the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) reforms, this paper: a. Outlines benefits and anticipated costs of the reforms; b. Provides an overview of the feedback on key issues received by the Ministry of Justice during consultation; c. Seeks Cabinet’s agreement to final poli...