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1. JPMorgan Chase Bank N.A. New Zealand Branch [pdf, 73 KB]

   ...exemption: JPMorgan Chase Bank, N.A (New Zealand Branch) Exempting JPMorgan Chase Bank, N.A (New Zealand Branch) (“JPMorgan”) from section 56(2) of the Act. This exemption is made subject to the following conditions: a. The Australia-based AML/CFT compliance officer must administer and maintain the AML/CFT programmes of JPMorgan; b. the Australia-based AML/CFT compliance officer must report regularly and fully on all relevant AML/CFT compliance matters to JPMorgan’s senior man...

2. AML/CFT Statutory Review - summary of submissions [pdf, 1.2 MB]

   Review of the AML/CFT Act Summary of submissions Ministry of Justice March 2022 Important notice The opinions contained in this document are those of the Ministry of Justice and do not reflect official government policy. Readers are advised to seek specific legal advice from a qualified professional person before undertaking any action in reliance on the contents of this publication. The contents of this discussion document must not be constr...

3. Draft Cost Benefit Analysis: AML Phase II [pdf, 296 KB]

   1 | CBAx, AML Phase II, Ministry of Justice, October 2016 Draft Cost Benefit Analysis: AML Phase II Section A Descriptive Information Problem Definition The Phase I anti-money laundering regime came into force in 2013, which covered banks, insurance companies, financial services (e.g. investment advisers), money remitters and casinos. There is now a proposal to extend the scope AML legislation to cover additional sectors, to bring NZ in line with its FATF obligations. The...

4. Exemption order First State Investment NZ Limited [pdf, 27 KB]

   ...the Minister of Justice and pursuant to section 157 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (‘the Act’), I exempt First State Investment (NZ) Limited (FSINZL) from section 56(2) of the Act in so far as the AML/CFT compliance officer must be an employee of the reporting entity. The exemption is made in this case to allow the AML/CFT compliance officer to be an employee of an Australian entity that is a member of the Commonwealth Bank of Australia g...

5. Anti-Money-Laundering-and-Countering-Financing-of-Terrorism-Definitions-Amendment-Regulations-2023.pdf [pdf, 1 MB]

   ...Financing of Terrorism (Definitions) Amendment Regulations 2023; and authorising those regulations for submission to the Executive Council. Policy on gang harm intervention 3 The Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the AML/CFT Act) is a risk-based regime that detects and deters money laundering and terrorism financing and implements relevant international obligations. 4 In July 2022, in response to criminal activities and harms caused by gangs, Cabinet...

6. Proactive release – Criminal Activity Intervention Legislation Bill [pdf, 15 MB]

   ...and Justice have not identified any comparable jurisdiction in the world that has enacted any such offence. Preventing criminal cash from being converted to high value goods or introduced to the financial system 18. The statutory review of the AML/CFT Act has identified a number of options that would make it harder for gangs to enjoy cash proceeds or get them into the financial system. The Ministry of Justice will make recommendations to the Minister of Justice on 30 June relating to:...

7. Flyer and Factsheet Arabic [pdf, 3.3 MB]

   ...عمالئها، ونود التأكد من أن القانون يحمي خصوصية األشخاص. يرجى إخبارنا عن رأيكم يف قوانيننا بشأن مكافحة غسل األموال، اذهب إىل: www.justice.govt.nz/amlcft-review نحتاج أن نسمع منكم قبل تاريخ 3 ديسمرب 2021. وشكراً. يعد غسل األموال ومتويل اإلرهاب جرمية غسل األموال هي العملية التي يستخدمها ا...

8. AMLCFT Stat Review FAQ [pdf, 1.7 MB]

   Page 1/2 FAQs: The Government’s Review of the Anti-Money Laundering and Countering the Financing of Terrorism Act (AML/CFT) What is money laundering? It’s the process criminals use to “clean” the money they make from crimes such as fraud and dealing in illegal drugs. By making the money look like it comes from a legitimate source, they can cover their tracks and avoid detection. Criminal organisations and people who finance terrorism target businesses and countries they beli...

9. Flyer and Factsheet Samoan [pdf, 3.2 MB]

   ...Faamasinoga e toe iloilo la tatou tulafono anti-money laundering laws. Mai le iloiloga lenei o le a mafai ai ona tatou faapea ifo ia i tatou lava: faamata o saʻo la tatou alafua? O le Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009 o tulafono nei o lo o tausisia le saogalemu o Niu Sila mai le aumai faasolitulafono o tupe ma le faatupeina o faiga faaterorisi. E auala atu lea i le faia o auala e faafaigata ai e tagata solitulafono ona aumai faasolitulafono...

10. Flyer and Factsheet Simplified Chinese [pdf, 3.3 MB]

    ...重损害我们金融体系的犯罪。 我们的反洗钱法已经完善了吗？ 7月，政府要求司法部审查我们的反洗钱法。这次审查 让我们问问我们自己：我们做对了吗？ 《2009 年反洗钱和打击资助恐怖主义法案》 (AML/ CFT) 使新西兰免受洗钱和恐怖主义融资的侵害。通过 让犯罪分子更难洗钱或资助恐怖主义，我们也降低了以 营利为目的的犯罪活动，例如贩卖毒品或欺诈。 洗钱影响到我�...