The Department of Internal Affairs

Te Tari Taiwhenua | Department of Internal Affairs

Building a safe, prosperous and respected nation


Services › Anti-Money Laundering › AML/CFT Phase 2

The Government has made changes to the law. Businesses are now required to put preventative measures in place to help tackle money laundering and financing of terrorism. These anti-money laundering and countering financing of terrorism (AML/CFT) measures help us stop crime and safeguard our reputation as one of the least corrupt nations in the world, and a good place to do business.

Phase 1 of the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act has been in force since 2013. It applies to banks, casinos and a range of financial service providers. The legislation extends the current AML/CFT regime to lawyers, conveyancers, accountants, real estate agents, sports and race betting, and businesses that deal in certain high value goods. The new laws will be implemented in stages over the next two years to give businesses time to prepare for the changes. Lawyers and conveyancers will be the first sectors that have to comply, starting in July 2018.

View the AML/CFT National Roadshow powerpoint slides - April 2018:


The Department of Internal Affairs is the supervising agency responsible for ensuring that the businesses brought in are complying with the requirements.

The Department of Internal Affairs will be updating and providing guidelines and resources for AML/CFT Phase 2 reporting entities throughout 2018 and 2019. By periodically checking the Codes of Practice and Guidelines and Sector and National Risk Assessments pages, reporting entities will be able to access the materials needed to meet their obligations under the Act.

If you have initial questions on how AML/CFT Phase 2 may affect you, the Ministry of Justice has provided information for businesses on their website:

You are also able to contact the Department of Internal Affairs in the second instance, at