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1. Exemption order Methodist Employment Generation Fund (Northern) Trust [pdf, 28 KB]

   ...retains control of the use of funds of the organisation for lending purposes. (v) MEG meets the criteria of a ‘lower risk’ financial inclusion institution under FATF guidelines, to be granted a partial exemption allowing it to apply simplified AML/CFT measures. (b) The obligations imposed on MEG would be disproportionate given the low risk of money laundering or terrorist financing in the circumstances outlined in this exemption. 3. This exemption comes into force on the day af...

2. Exemption order Nelson Enterprise Loan Trust [pdf, 28 KB]

   ...retain control of the use of funds of the organisation for lending purposes. (v) NELT meets the criteria of a ‘lower risk’ financial inclusion institution under FATF guidelines, to be granted a partial exemption allowing it to apply simplified AML/CFT measures. (b) The obligations imposed on Nelson Enterprise Loan trust would be disproportionate given the low risk of money laundering or terrorist financing in the circumstances outlined in this exemption. 3. This exemption comes...

3. Guardians Ministerial Exemption [pdf, 63 KB]

   Ministerial Exemptions Under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 In accordance with section 157 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (“Act”), the Associate Minister of Justice granted the following exemption from the Act: Ministerial Exemption: Guardians of New Zealand Superannuation Exempting the Guardians of New Zealand Superannuation (“Guardians”) from: a. All sections of the Act. The exemptio

4. Exemption order Quakers Investments Ethical Trust redacted [pdf, 28 KB]

   ...applicants. (b) The obligations imposed on the Trust would be disproportionate given the lower risk of money laundering or terrorist financing in the circumstances outlined in this exemption. 4. If any additional information is received by an AML/CFT supervisor that raises concern of money laundering or terrorist financing, the exemption may be revisited. 5. This exemption will come into force on the day after the date I grant this exemption. 6. This exemption will expire on 30 Ju...

5. Newtown Ethical Lending Trust [pdf, 71 KB]

   ...be used; c. granting this exemption would have little to no impact on the prevention, detection, investigation and prosecution of ML/TF offences; d. granting NELT an exemption would have no impact on the integrity of, and compliance with, the AML/CFT regulatory regime; and e. granting NELT this exemption is unlikely to affect third-party reporting entities. As a non-for-profit organisation, NELT has no competitors. An exemption would therefore not create an unfair advantage for NE...

6. FSFMCL-Ministerial-Exemption.pdf [pdf, 61 KB]

   ...investments. The exemption comes into force the day after publication. The exemption will expire on 17 January 2028. Any person wishing to provide comment on this notice should contact the Criminal Law Team at the Ministry of Justice by emailing amlcft.exemptions@justice.govt.nz. mailto:amlcft.exemptions@justice.govt.nz

7. Tindall Foundation Gazette Notice [pdf, 137 KB]

   ...comes into force on 18 December 2024. 5. This exemption will expire on 18 December 2029. Any person wishing to provide comment on this notice should contact the Terrorism and Law Enforcement Stewardship Team at the Ministry of Justice by emailing amlcft.exemptions@justice.govt.nz. mailto:amlcft.exemptions@justice.govt.nz Ministerial Exemptions Under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009

8. Exemption order Snap-On Tools [pdf, 29 KB]

   ...Regulations 2011. 3. This exemption is subject to the following condition: (a) If the business activities of Snap-on and Snap-on NZ change in a material way, in that it is required to carry out further activities which fall within the ambit of the AML/CFT Act, Snap-on and Snap-on NZ are required to notify the Ministry of Justice and the Department of Internal Affairs and undertake to work with those bodies to agree how to manage any risks. 4. This exemption comes into force on the...

9. Earthquake Prone Building Financial Assistance Scheme [pdf, 74 KB]

   ...structure of activities; including not accepting cash repayments, customer due diligence and monitoring to enforce the criteria. b. the residual risk of layering proceeds of crime will be as effectively managed through the conditions as through a full AML/CFT programme. Therefore, granting this exemption would have little to no impact on the prevention, detection and prosecution of ML/TF offences; c. in the absence of an exemption, the Scheme would be subject to an undue regulatory bu...

10. FFCL Ministerial Exemption [pdf, 64 KB]

    Ministerial Exemptions Under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 In accordance with section 157 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (“Act”), the Associate Minister of Justice granted the following exemption from the Act: Ministerial Exemption: Fonterra Farmer Custodian Limited Exempting Fonterra Farmer Custodian Limited (FFCL) from: a. Sections 10–71 from the Act. The exemption is subject to the f