AML/CFT News and Updates

A record of news releases and other information issued by the Department of Internal Affairs' AML Group.

Latest news

• Tax Transfer Class Exemption (21 July 2022)
• Appeal dismissed in NZ’s first criminal prosecution under Anti-Money Laundering and Countering Financing of Terrorism Act (18 July 2022)
• Publication of DIA’s AML/CFT Regulatory Approach and Compliance and Enforcement Strategy (4 July 2022)
• Extension on interim solution for corporate trustee annual report obligations (14 June 2022)
• Russia Sanctions Act (18 March 2022)
• Outsourcing Customer Due Diligence (CDD) (13 December 2021)
• DIA welcomes improved AML compliance from Property Brokers (3 November 2021)
• AML/CFT Reminder – Pandora Papers (20 October 2021)
• AML/CFT Statutory Review Consultation 2021 (6 October 2021)
• AML/CFT - COVID-19 Update August 2021 (26 August 2021)
• Expiring regulations: Update June 2021 (22 June 2021)
• Extension on interim solution for corporate trustee annual report obligations (17 May 2021)
• Targeted Compliance Assessments – Independent AML/CFT Audit (14 May 2021)
• Financial Intelligence Unit, Monthly Report - March 2021 (11/05/2021)
• New Zealand mutual evaluation report now published (11/05/2021)
• Department takes enforcement action against Qian DuoDuo Limited (11/05/2021)
• Regulatory Findings Report 2020 available  (22/04/2021)
• Targeted Compliance Assessments – Politically Exposed Persons (22/04/2021)
• New Financial Service Providers Register (FSPR) registration and reporting requirement (19/03/2021)
• Formal warning to Kidd Legal for Anti-Money Laundering non-compliance (17/03/2021)
• Internal Affairs issues first formal warning to real estate agent (1/03/2021)

Media contact

Media phone: 04 495 6095
Email: media@dia.govt.nz

 

Latest guidance updates

• Birth Certificates with Redacted Information factsheet published (16 July 2021)
• Explanatory Note: Electronic Identity Verification Guideline published (16 July 2021)
• Risk assessment of the NZ to Pacific Islands money remittance sub-sector (13 July 2021)
• New regulation for nominee directors and nominee general partners (13 July 2021)
• Sight unseen property purchases – ML/FT Update (7 July 2021)
• Assessing Country Risk: Guideline for reporting entities supervised by DIA published (1 July 2021)
• Updated Annual Reporting Guidance Published (30 June 2021)
• Barristers Sole Class Exemption Factsheet Published (18 June 2021)

See also: Previous News

Compliance News

Latest issue

• Compliance News - March 2022

See: Previous Newsletters

Frequently Asked Questions

For Reporting Entities:

• FAQs for DIA reporting entities