Keep up to date with regulatory changes, and read the latest research, AML news, and advice from industry experts.
Compliance specialists, financial crime experts, analysts, and other AML professionals provide their best advice, research, and insights so you can stay on top of your AML obligations.
Download customer due diligence information and other useful documents to help with your ongoing AML obligations.
These AML cheat sheets provide a handy reference to the essentials of AML and CFT.
The six steps to knowing your customer (KYC).
A brief overview of the AML/CFT legislation.
The most important facts to know about AML/CFT in New Zealand.
With five different types of customer due diligence, these guides provide details on how to complete different types of CDD requests.
If a risk assessment has shown a high risk of money laundering you may need to carry out extra measures to identify your customer and source of funds.
Ongoing CDD of customers is essential to ensure you understand any changes in your customers circumstances.
If a risk assessment has shown a low risk of money laundering you may only need to identify your customer following the simplified CDD process.
Generally, you must not start work until customer identity has been verified and filed, however, in some circumstances you may be able to.
This guide provides a checklist of activity for what you need to do to identify your customer.
Download Attic magazine, filled with AML research, expert opinions, financial crime investigation, interviews, and events from all around the world.
In the June/July issue of Attic we look at human trafficking and modern slavery. The devastating impacts of this criminal activity and the common indicators connecting money laundering and human trafficking.
This month’s issue takes a look at Russia Sanctions, how they have effected the world economy, an opinion piece from Adam Hunt on the FATF, thoughts from Daniel Howell of GravityLab on ‘why doing good is better for business and profit’ and AML news and events from around the world.
This bumper edition of Attic magazine covers a range of topics from cryptocurrency, to compliance to the role of DeFi in money laundering.
Attic also talks to three kick-ass women as they discuss their career journey in the AML industry.
Browse our legislation library to access key legislation, supervisory guidance, and other resources from the Department of Internal Affairs, Reserve Bank of New Zealand, and Financial Markets Authority.
Read the full version of the AML/CFT Act 2009 here.
Here you will find the definitions of key phrases included in the AML/CFT Act.
All the relevant exemptions of the AML/CFT Act.
Read the requirements and compliance regulations under the Act.
Read the 2017 amendments to the AML/CFT Act (Requirements and Compliance) regulations.
Read the 2017 amendments to the full AML/CFT Act.
Find the regulations behind Prescribed Transaction Reporting (PTR).
Find the amended definitions of key AML/CFT Act phrases.
Find all the amended legislation about the cross-border transportation of cash in relation to the AML/CFT Act.
Read the full version of the Privacy Act 2020 here.
Everything you need to know about the identity verification code of practice.
Clarification of the position the supervisors are taking with respect of
the AML/CFT Act interpretation of a trust as a customer.
Read about the involvement of bookkeepers in financial transactions in relation to the AML/CFT Act.
Key aspects of customer due diligence when a sole trader or partnership is involved.
Key aspects of customer due diligence when a company is involved.
Key aspects of customer due diligence when a club or society is involved.
Key aspects of customer due diligence when a cooperative is involved.
What to look out for when carrying out customer due diligence on a high value dealer.
How to approach customer due diligence when an individual or an entity is acting on behalf.
Guidance in conducting customer due diligence on Trusts. Updated following new regulations.
Guidance in conducting customer due diligence on beneficial owner(s). Updated following new regulations.
Guidance in conducting customer due diligence on Companies. Updated following new regulations.
Guidance in conducting customer due diligence on Limited Partnerships. Updated following new regulations.
Guidance in conducting customer due diligence on Trusts. Updated following new regulations.
Guidance in completing AML/CFT annual reporting.
This guideline is designed to help reporting entities develop their AML/CFT programme.
This guidance is for reporting entities under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT Act) during COVID-19 Alert Levels.
This guidance assists reporting entities manage the requirement to audit their AML/CFT risk assessment and programme.
Clarification of the meaning of the phrase “in the ordinary course of business”.
Guideline to reporting entities on eligibility, formation, notification and withdrawal from a designated business group.
Guideline to reporting entities to assist the decision on whether to form a designated business group.
Guideline to reporting entities on eligibility, formation, notification and withdrawal from a designated business group.
To be read in conjunction with the Amended Identity Verification Code of Practice 2013.
Information to help reporting entities understand whether they need to assess aspects of another country’s regulatory environment.
To assist reporting entities in meeting the requirement to perform customer due diligence on the customer and beneficial owners of the customer.
The obligations relating to wire transfers are intended to reflect the Financial Action Taskforce (FATF) approach to wire transfers.
To assist businesses to determine whether they have obligations under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009.
To assist reporting entities in carrying out enhanced customer due diligence.
A quick FMA guide to help small financial adviser businesses with their annual reports.
Specific guidance from the Financial Markets Authority relating to enhanced customer due diligence.
Everything you need to know about the Anti-Money Laundering and
Countering Financing of Terrorism (Class Exemptions) Amendment Notice (No 2) 2015.
Information around managing intermediaries and customers of managing intermediaries to be able to rely on the AML/CFT (Class Exemptions) Notice 20181.
This information is intended to help reporting entities draw value from their AML/CFT Audit.
Findings from the FMA’s targeted review of whether NZX is meeting its licensed market operator obligations.
The FMA’s findings from monitoring AML/CFT compliance.
This guide helps businesses that provide insurance to determine whether they have obligations under the AML/CFT Act.
Everything you need to know about your compliance obligations as a real estate agent.
What you need to look out for as a Lawyer or Conveyancer under the AML/CFT Act.
Read the summary of the DIA’s regulatory findings (AML/CFT Act) from July 2018 to June 2019.
This guide assists reporting entities with completing annual anti-money laundering and countering financing of terrorism (AML/CFT) reports.
Information around the policies, procedures and controls for the reporting of suspicious activity by reporting entities.
Information around the implications of the raised threat level for reporting entities.
