The New Zealand government is planning to expand the groups of professionals and businesses that have a legal responsibility to report suspicions that their clients are involved in money laundering or terrorist financing.
New anti-money laundering rules will have ‘significant impact’ on would-be launderers, says New Zealand PM
New anti-money laundering rules will have a “significant impact” on people using the property industry to launder money, Prime Minister
A hair and beauty products company owned by a man who ran what is thought to be a significant ponzi scheme is looking for a new owner.
An Auckland contractor and public official have been jailed for corruption worth more than $1 million relating to roading contracts.
Parliament has passed a bill that strengthens the rules around foreign trusts. The changes were recommended by tax expert John Shewan, appointed by the government to review existing legislation following the release of the Panama Papers.
New Zealand can celebrate being pronounced the least corrupt country in the world. But that doesn’t mean we should be complacent – there are plenty of recent controversies that threaten the nation’s reputation for integrity.
New Zealand’s market regulatory, the Financial Markets Authority (FMA) looks to be toughening up on firms and reporting entities (REs) which are required to provide the regulator with independently produced AML/CFT audit reports.
The Financial Markets Authority has sent warning shots over the bows of twelve financial advisory firms for failing to provide anti-money laundering audits.
Today is the 85th anniversary of the founding of the North Korean army. Amidst concerns that the event might be marked by yet another nuclear missile test, Donald Trump on Monday urged the UN Security Council to ...
In the first of a new series of audio interviews, Amos Wittenberg speaks to Viv Jones of Eversheds Sutherland solicitors about international anti-bribery regimes. Viv wrote recently for KYC360 on Kenya's latest piece of anti-bribery legislation. https://vimeo.com/213859331 Transcript (note this transcript ...
Susan has been making her living from crime for over twenty years. She provides anti-money laundering training and advice to the regulated community in the UK, Guernsey, Jersey, the Isle of Man and Gibraltar, and ...
Barrister & leading financial crime investigator Tom Devlin offers practical guidance on creating a watertight and cost effective compliance regime. He looks at systems, employee training and continuing professional development, and the critical but often overlooked issue of corporate ...
What exactly is being proposed? A public register of the beneficial owners of UK property held by overseas companies and other legal entities. Beneficial owners of overseas firms involved in central Government procurement would also be ...
AIB’s failure to comply with anti-money laundering reporting procedures was a stain on the lender, chairman Richard Pym has said.
The Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force will set up
Congressional Republicans’ proposal to replace Dodd-Frank, the Financial Choice Act, received endorsements this week from two major financial players —
The Enforcement Directorate has registered a money laundering case in the Narada ‘sting’ where a number of Trinamool Congress (TMC)