AMLCFT Statutory Review Consultation Document [pdf, 1.2 MB]
...organisations and people who finance terrorism target businesses and countries they believe have weak systems and controls they can exploit. Money laundering is happening every day across New Zealand. The Financial Intelligence Unit estimated that over $1 billion a year of dirty money comes from drug dealing and fraud which may be laundered through New Zealand businesses. However, the true cost and impact is many times that figure when you factor in all the crimes that generate “dirty...