Regulatory Alerts2022-05-17
New Zealand National Risk Assessment of Money Laundering and Terrorism Financing 2019
The New Zealand Police Financial Intelligence Unit issued this 2019 assessment to define the scale and nature of illicit financing risks facing the country. The document identifies organized crime, particularly methamphetamine distribution, as the primary driver of domestic money laundering, while noting that terrorism financing threats remain lower than in partner nations. It outlines a three-tiered risk assessment system and highlights key vulnerabilities in international wire transfers, alternative payment methods, and gatekeeper professional services that require mitigation through expanded regulatory supervision.
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