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]
...Team has determined that a Regulatory Impact Assessment is required for these proposals as they are expected to have only minor impacts on businesses, individuals or not-for-profit entities and repeal or remove redundant legislative provisions. Human Rights 60. The proposals in this paper appear to be consistent with the rights and freedoms contained in the New Zealand Bill of Rights Act 1990 and the Human Rights Act 1993. Treaty of Waitangi Implications 61. While the AML/CFT...