AMLCFT Statutory Review Consultation Document [pdf, 1.2 MB]
...Taking this approach would ensure pain points, challenges, and enhancements are made as soon as possible. It could also enable us to improve New Zealand’s compliance with the FATF’s standards at an early stage and allow us to exit the FATF’s resource- intensive “enhanced follow up process.” However, we would only look to make relatively straightforward changes that address discrete issues that would not be impacted by later legislative changes. We intend to provide advice to Min...