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1. Anti-money laundering efforts scoop excellence award

   ...Systems category of the Deloitte IPANZ Public Sector Excellence Awards 2018,’ says Rajesh Chhana, Acting Chief Executive and Secretary for Justice. The win was for implementing Phase 2 of the Anti-Money Laundering and Countering Financing Terrorism (AML/CFT) regulatory system. The Ministry received this award together with the Department of Internal Affairs, Reserve Bank of New Zealand, Financial Markets Authority, New Zealand Customs and Inland Revenue Department. Money laundering is the pro...

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2. Spark Foundation in relation to their online platform Givealittle [pdf, 75 KB]

   ...Donee is raising funds has no connection with any country which is high risk from a money laundering or terrorist financing (ML/TF) perspective. This must be determined in accordance with the Countries Assessment Guideline 2012 published by the AML/CFT supervisors; or c. in respect of other Donees, the total value of money paid to the Donee in any consecutive 12- month period is less than $1,000. This exemption is subject to the following conditions: a. The Spark Foundation must id...

3. SSL Ministerial Exemption [pdf, 66 KB]

   ...this helps to identify suspicious activity. f. It is very difficult to receive a refund. These are only provided for tightly prescribed reasons. g. The transactions are subject to a chargeback, processed by the relevant New Zealand bank subject to AML/CFT obligations. The exemption comes into force on 30 June 2023. The exemption will expire on 30 June 2028. Any person wishing to provide comment on this notice should contact the Criminal Law Team at the Ministry of Justice by emailin...

4. Regulatory Impact Assessments

   ...This Regulatory Impact Statement (RIS) is relating to analysis produced for the purpose of final Cabinet decisions. RIS: Regulatory Impact Statement Amending trespass law as a critical vehicle to address retail crime Regulatory Impact Statement:  AML/CFT Statutory Reform This Regulatory Impact Statement (RIS) is relating to Final Cabinet decisions on amendments to the Anti-Money Laundering and Countering Financing of Terrorism Act 2009  Regulatory Impact Statement:  AMF/CFT Statu...

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5. OIA-123766.pdf [pdf, 2.5 MB]

   ...despite FATF recommendations 8. Currently, real estate agencies in New Zealand are not required to complete CDD on purchasers of properties, despite it being a FATF requirement. Requiring CDD on purchasers was considered during the 2017 Phase 2 AML/CFT reforms. At that time, it was decided to only require CDD on vendors, because of the difficulties of collecting necessary information for CDD from purchasers. 9. The implementation of these requirements on real estate agents is now a sta...

6. Justice Matters - issue 04 - September 2016 [pdf, 7 MB]

   ...device such as a tablet, and wirelessly casting content to a meeting room screen, or working remotely elsewhere in the building without having to log into a desktop. ‘For the judiciary, it means they will have a single device that will operate seamlessly at their desk, in their chambers, at the court bench and out of the office.’ The 900 daily visitors to the building will also benefit with public computer kiosks and wifi throughout. ‘As well as modernising the courts, it�...

7. NPF Ministerial Exemption [pdf, 69 KB]

   ...10–17 of the Act: h. If any voluntary contributions are received from international sources, the following sections of the Act apply to such contributions: i. Sections 10–17: ii. Section 48A–48C; and iii. Section 49. i. NPF must appoint an AML/CFT Compliance Officer in accordance with section 56(2) and (4) of the Act to oversee compliance with these conditions; and j. NPF must inform the Ministry of Justice of any changes that may affect the exemption and/or conditions im...

8. Regulatory Systems (Justice) Amendment Bills

   ...documents Regulatory Systems (Justice) Amendment Bill Package: Policy proposals Regulatory Impact Statement: Regulatory Systems (Justice) Amendment Bill package Ministerial Media Releases Wide ranging legislation to make justice system more efficient More AML relief on the way for Kiwi businesses

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9. [2020] NZEmpC 167 Noble v Ballooning Canterbury.com Ltd [pdf, 287 KB]

   ...[52]. 25 At [53]. [66] A third factor I was required to consider related to whether there had been non-compliance with the obligations held by a lawyer under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT Act). After the hearing relating to the application, GRL filed a late affirmation from an officer administrator, stating that payments made by Mr Noble to the firm had been made by credit card; this meant that the argument concerning...

10. Documents relating to the Anti-Money Laundering and Countering Financing of Terrorism (Cross-border Transportation of Cash) Amendment Regulations 2022 [pdf, 1 MB]

    ...border Transportation of Cash) Amendment Regulations 2022 relate to the ahgqozkok9 2022-08-17 15:33:20 s9(2)(h) RE LE AS ED B Y TH E MIN IS TE R OF JU ST IC E I N C O N F I D E N C E 3 I N C O N F I D E N C E application of the AML/CFT Act and are made pursuant to sections 70 and 153 of the AML/CFT Act. Regulations Review Committee 12. I do not consider there are any grounds for the Regulations Review Committee to draw the regulations to the attention of the House...