Viewing entries tagged with 'AML'

FMA warns 12 firms under AML law

10 February 2017

Press release: The Financial Markets Authority has issued a formal warning to 12 reporting entities under section 80 of the Anti-Money Laundering and Countering Financing of Terrorism Act. More>

DIA at anti-money laundering symposium

21 December 2016

The Department of Internal Affairs represented New Zealand at an international forum in Washington of supervisors who combat money laundering and terrorism financing.Scoop press release.  More>

RPRC on justice and equity in retirement

21 December 2016

The University of Auckland's M.Claire Dale and Susan St John recognises both the complexities of how to treat people with overseas state pensions and the requirement for justice and equity when dealing with people’s savings for retirement.  Retirement Policy and Research Centre. More>

FMA not happy with AML reporting

19 December 2016

The Financial Markets Authority is promising to adopt a stronger position on reporting entities who fail to meet their obligations under the Anti-Money Laundering and Countering Financing of Terrorism Act. More>

An adviser's guide to AML Compliance

19 December 2016

The FMA has just released its second annual AML Monitoring Report detailing its 2016 monitoring activities and report card on the 800 Reporting Entities (REs) under its supervision. Good Returns asked Meredith Cornelius of Financial Strategies Nelson to comment on her reading of the report and what it all means for the smaller retail financial adviser and their practice. More>

The NZX's Mandy Simpson on RBNZ, Kiwisaver fees, blockchain being used for AML and more

11 September 2016 Today’s Top 10 is a guest post from NZX Chief Operating Officer Mandy Simpson. Mandy is also on the board of NZ Tech. More>