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AML/CFT Act

5th May 21, 8:03am
The Reserve Bank says it will address recommendations from the Financial Action Task Force 'to the extent feasible' within the scope of its government funding agreement
The Reserve Bank says it will address recommendations from the Financial Action Task Force 'to the extent feasible' within the scope of its government funding agreement
5th May 21, 8:03am
[Updated]
29th Apr 21, 7:30pm
Global money laundering and terrorist financing watchdog says the RBNZ needs 'adequate resources to apply the appropriate scope and depth of supervision to banks'
[Updated]
Global money laundering and terrorist financing watchdog says the RBNZ needs 'adequate resources to apply the appropriate scope and depth of supervision to banks'
29th Apr 21, 7:30pm
29th Apr 21, 7:30pm
Financial Action Task Force's anti-money laundering review of NZ highlights the openness to abuse of trusts and company nominee director & shareholder arrangements
Financial Action Task Force's anti-money laundering review of NZ highlights the openness to abuse of trusts and company nominee director & shareholder arrangements
29th Apr 21, 7:30pm
27th Apr 21, 8:00am
Reserve Bank of New Zealand Governor Adrian Orr says New Zealand banks need to show courage by supporting banking services and remittances to the South Pacific
Reserve Bank of New Zealand Governor Adrian Orr says New Zealand banks need to show courage by supporting banking services and remittances to the South Pacific
27th Apr 21, 8:00am
15th Apr 21, 10:38am
Major international evaluation of New Zealand's efforts to combat money laundering and counter the financing of terrorism due out soon
Major international evaluation of New Zealand's efforts to combat money laundering and counter the financing of terrorism due out soon
15th Apr 21, 10:38am
11th Apr 21, 7:00am
Reserve Bank reiterates request banks don't impose blanket ban on money remittance providers, says it's working with stakeholders on guidance
Reserve Bank reiterates request banks don't impose blanket ban on money remittance providers, says it's working with stakeholders on guidance
11th Apr 21, 7:00am
1st Apr 21, 12:03pm
NZ's Vivier & Company, allegedly run by a convicted British fraudster, is accused by a NZ foreign trust of failing provide insurance and pay interest on $4m of deposits. So what was the point of the FMA's action against Vivier almost 6 years ago?
NZ's Vivier & Company, allegedly run by a convicted British fraudster, is accused by a NZ foreign trust of failing provide insurance and pay interest on $4m of deposits. So what was the point of the FMA's action against Vivier almost 6 years ago?
1st Apr 21, 12:03pm
17th Mar 21, 1:28pm
Auckland law firm Kidd Legal receives formal warning under the Anti-Money Laundering and Countering Financing of Terrorism Act from the Department of Internal Affairs
Auckland law firm Kidd Legal receives formal warning under the Anti-Money Laundering and Countering Financing of Terrorism Act from the Department of Internal Affairs
17th Mar 21, 1:28pm
1st Mar 21, 12:42pm
Department of Internal Affairs issues formal anti-money laundering warning to Property Brokers Ltd in first warning to real estate agent under Anti-Money Laundering and Countering Financing of Terrorism Act
Department of Internal Affairs issues formal anti-money laundering warning to Property Brokers Ltd in first warning to real estate agent under Anti-Money Laundering and Countering Financing of Terrorism Act
1st Mar 21, 12:42pm
26th Feb 21, 5:00am
Proceeds of crime from foreign criminals restrained by New Zealand authorities weigh in at nearly $1 billion over the past decade
Proceeds of crime from foreign criminals restrained by New Zealand authorities weigh in at nearly $1 billion over the past decade
26th Feb 21, 5:00am
15th Sep 20, 5:00am
CEO Chris Lamers says Flexigroup doesn't anticipate merchant service fees charged by its buy now pay later service would be included in any government regulation
CEO Chris Lamers says Flexigroup doesn't anticipate merchant service fees charged by its buy now pay later service would be included in any government regulation
15th Sep 20, 5:00am
[Updated]
31st Jul 20, 7:41am
TSB books provision for potential legal action by the RBNZ over alleged non-compliance with anti-money laundering and countering the financing of terrorism requirements
[Updated]
TSB books provision for potential legal action by the RBNZ over alleged non-compliance with anti-money laundering and countering the financing of terrorism requirements
31st Jul 20, 7:41am
27th May 20, 9:24am
Outcome of international assessment of NZ's efforts to combat money laundering and terrorism financing delayed until 2021 thanks to COVID-19 pandemic
Outcome of international assessment of NZ's efforts to combat money laundering and terrorism financing delayed until 2021 thanks to COVID-19 pandemic
27th May 20, 9:24am
13th Feb 20, 5:00am
Broader questions raised about the David Hillary controlled NZ company Worldclear as one of its former employees remains holed up in a Singapore prison
Broader questions raised about the David Hillary controlled NZ company Worldclear as one of its former employees remains holed up in a Singapore prison
13th Feb 20, 5:00am
[Updated]
17th Dec 19, 11:16am
Aussie prudential regulator investigating Westpac NZ's parent in wake of anti-money laundering allegations, imposes increased capital requirement
[Updated]
Aussie prudential regulator investigating Westpac NZ's parent in wake of anti-money laundering allegations, imposes increased capital requirement
17th Dec 19, 11:16am
5th Dec 19, 4:47pm
TSB acts to fix areas of its AML/CFT programme 'requiring improvement' and increases minimum capital requirement after regulatory capital errors came to light
TSB acts to fix areas of its AML/CFT programme 'requiring improvement' and increases minimum capital requirement after regulatory capital errors came to light
5th Dec 19, 4:47pm
4th Dec 19, 5:00am
NZ Police anti-money laundering assessment cites trusts among attractive money laundering vehicles as government plans to exclude them from strengthened beneficial ownership disclosure regime
NZ Police anti-money laundering assessment cites trusts among attractive money laundering vehicles as government plans to exclude them from strengthened beneficial ownership disclosure regime
4th Dec 19, 5:00am
29th Nov 19, 7:40am
Morgan Stanley analysts say Westpac may be required to raise capital if Austrac 'bear case' scenario plays out, whilst UBS labels Aussie banks 'global laggards in addressing AML & compliance issues'
Morgan Stanley analysts say Westpac may be required to raise capital if Austrac 'bear case' scenario plays out, whilst UBS labels Aussie banks 'global laggards in addressing AML & compliance issues'
29th Nov 19, 7:40am
29th Nov 19, 5:00am
Gareth Vaughan says the RBNZ's latest Financial Stability Report highlights for banks, insurers and non-bank deposit takers that their regulator will be sticking its nose into their business more often and in more ways than in the past.
Gareth Vaughan says the RBNZ's latest Financial Stability Report highlights for banks, insurers and non-bank deposit takers that their regulator will be sticking its nose into their business more often and in more ways than in the past.
29th Nov 19, 5:00am
26th Nov 19, 8:00am
Gareth Vaughan details the curious situation of companies kicked off NZ's Financial Service Providers' Register effectively because they're deemed to be bringing NZ's reputation into disrepute overseas, being allowed to remain as registered NZ companies
Gareth Vaughan details the curious situation of companies kicked off NZ's Financial Service Providers' Register effectively because they're deemed to be bringing NZ's reputation into disrepute overseas, being allowed to remain as registered NZ companies
26th Nov 19, 8:00am
21st Nov 19, 10:14am
International evaluation of New Zealand's efforts to combat money laundering and counter the financing of terrorism to take place in 2020 despite delay in evaluation of Australia's progress
International evaluation of New Zealand's efforts to combat money laundering and counter the financing of terrorism to take place in 2020 despite delay in evaluation of Australia's progress
21st Nov 19, 10:14am
21st Nov 19, 6:18am
Auckland Mayor Phil Goff denies claim by GC Group, which the FMA says has the potential to mislead investors, that it was the exclusive title sponsor for a campaign fundraising event during his re-election campaign
Auckland Mayor Phil Goff denies claim by GC Group, which the FMA says has the potential to mislead investors, that it was the exclusive title sponsor for a campaign fundraising event during his re-election campaign
21st Nov 19, 6:18am
[Updated]
20th Nov 19, 2:04pm
Australian anti-money laundering regulator alleges more than 23 million contraventions of the law by Westpac Banking Corporation with the RBNZ 'looking closely' for any relevance to Westpac NZ
[Updated]
Australian anti-money laundering regulator alleges more than 23 million contraventions of the law by Westpac Banking Corporation with the RBNZ 'looking closely' for any relevance to Westpac NZ
20th Nov 19, 2:04pm
28th Aug 19, 3:59pm
by admin
Police have arrested six people and seized about $9 millions in assets, including three Remuera properties, luxury vehicles and large amounts of cash as part of a money laundering investigation
Police have arrested six people and seized about $9 millions in assets, including three Remuera properties, luxury vehicles and large amounts of cash as part of a money laundering investigation
28th Aug 19, 3:59pm
17th Jul 19, 9:04am
Department of Internal Affairs says Regus Management has failed to meet requirements under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009
Department of Internal Affairs says Regus Management has failed to meet requirements under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009
17th Jul 19, 9:04am

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