Cost Benefit Analysis: AML Phase 2 [pdf, 105 KB]
...II AML/CFT legislation coming into force next year. Critically, further investment will enable supervisory agencies to meet their new obligations under the Act and enhancements to the Financial Intelligence Unit’s (FIU) intelligence capability in response to the increased reports that will arise. New Zealand is a member of the Financial Action Task Force (FATF). FATF set standards and undertakes reviews of member countries. The operational effectiveness of New Zealand’s AML/CFT regi...