The government has passed two key anti-money laundering reform bills that reduce regulatory burden on businesses by eliminating redundant paperwork, establishing a single supervisor, and aligning compliance with actual risk levels.
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legal obligations to prevent dirty money
Formal warnings issued by Department of Internal Affairs in money laundering crackdownbanks must strengthen anti-money laundering controls
ASB penalised $6.7m over 'inadequate' anti-money laundering systemsSpotted something wrong on this page? Report a correction.