Anti-Money Laundering and Countering Financing of Terrorism - Cabinet Paper 3 - October 2016 [pdf, 1.2 MB]
In confidence Office of the Minister of Justice 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 consultat