Regulatory Alerts2022-05-17
Update from New Zealand Police following Christchurch incident
New Zealand Police issued this update to reinforce reporting obligations for terrorism financing following the Christchurch attacks and the elevation of the national threat level. Reporting entities are required to submit Suspicious Activity Reports when objective grounds for suspicion exist, utilizing specific indicators to detect small-scale domestic financing and dealing with designated entities. The document provides detailed red flag indicators for monitoring, such as travel to high-risk jurisdictions and uncharacteristic purchases, while noting that the national risk assessment will be updated to reflect increased concerns regarding domestic terrorism.
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