The Big Picture: Anti-money laundering - is regulatory change on the horizon?

The report is expected to identify areas for improvement and – most likely – will prompt change to the AML regulatory framework and the strategic priorities of AML​ supervisors.

In advance of this report, New Zealand’s AML supervisors have signal​led an increased appetite for enforcement action for breaches of the AML/CFT Act. ​

In this environment, New Zealand businesses should be reviewing their own compliance with the AML/CFT Act.

Disclaimer
This publication is necessarily brief and general in nature. You should seek professional advice before taking any action in relation to the matters dealt with in this publication.