File Name: anti money laundering and counter terrorism financing act 2006 .zip
Compilation No. About this compilation. This is a compilation of the Anti-Money Laundering and Counter-Terrorism Financing Act that shows the text of the law as amended and in force on 20 December the compilation date.
- Anti-money laundering and counter terrorism financing
- Anti-Money Laundering and Counter-Terrorism Financing
- Anti-Money Laundering and Counter-Terrorism Financing
- Anti-money laundering reforms
Anti-money laundering and counter terrorism financing
Changes authorised by subpart 2 of Part 2 of the Legislation Act have been made in this official reprint. This Act is administered by the Ministry of Justice. New Zealand Legislation. Home Advanced search Browse About this site. Quick search HelpQuickSearch? My recent searches. Search within this Act. Add to web feed Order a commercial print. Reprint as at 28 September Note Changes authorised by subpart 2 of Part 2 of the Legislation Act have been made in this official reprint. Note 4 at the end of this reprint provides a list of the amendments incorporated.
Preliminary provisions. Standard customer due diligence. Simplified customer due diligence. Enhanced customer due diligence. Ongoing customer due diligence and account monitoring. Reliance on third parties. Proceedings for civil penalties. Relationship between civil penalty and criminal proceedings. Formal warnings. Enforceable undertakings. Pecuniary penalties. Offence and penalties relating to civil liability act. Offences relating to suspicious activity reports and prescribed transaction reports.
Offences relating to cross-border transportation of cash. Relationship with Customs and Excise Act Computer searches by Customs officer. Search warrants. Conduct of entry, search, and seizure. Return and retention of things seized. Institutional arrangements and miscellaneous provisions. Use and disclosure of information. Financial intelligence functions of Commissioner. Review provision. Ministerial exemptions. Resolution of disputes about privilege. Transitional and savings provisions.
Consequential amendments, repeals, and revocation. Transitional savings, and related provisions. Consequential amendments. The Parliament of New Zealand enacts as follows:. The Parliamentary Counsel Office www. Application of this Act to reporting entities. Amounts not in New Zealand currency. Transitional, savings, and related provisions. Act binds the Crown. Non-compliance not excused by contractual obligations.
Customer due diligence. Reliance on risk assessment when establishing level of risk. Basis for verifying identity. Circumstances when standard customer due diligence applies. Standard customer due diligence: identity requirements. Standard customer due diligence: verification of identity requirements. Standard customer due diligence: other requirements. Circumstances when simplified customer due diligence applies. Simplified customer due diligence: identity requirements.
Simplified customer due diligence: verification of identity requirements. Simplified customer due diligence: other requirements. Circumstances when enhanced customer due diligence applies. Enhanced customer due diligence required for certain activities requiring suspicious activities report. Enhanced customer due diligence: identity requirements. Enhanced customer due diligence: verification of identity requirements. Enhanced customer due diligence: other requirements. Politically exposed person.
Wire transfers: identity requirements. Other identifying information prescribed in relation to wire transfers. Wire transfers: verification of identity requirements. Correspondent banking relationships. New or developing technologies, or products, that might favour anonymity. Reliance on member of designated business group. Reliance on other reporting entities or persons in another country.
Reliance on agents. Use of information obtained from third party conducting customer due diligence. Protection of personal information and designated business groups. Prohibitions if customer due diligence not conducted. Prohibition on false customer names and customer anonymity. Prohibition on establishing or continuing business relationship involving shell bank. Reporting entities to report suspicious activities. Nature of suspicious activity report. Privileged communication defined.
Auditors may report suspicious activities. Protection of persons reporting suspicious activities. Immunity from liability for disclosure of information relating to money laundering transactions. Disclosure of information relating to suspicious activity reports.
Disclosure of information in proceedings. Disclosure of personal information relating to employees or senior managers. Reporting entities to report certain prescribed transactions. Prescribed transaction reports. Sections 43 to 48 apply to prescribed transactions.
Obligation to keep transaction records. Obligation to keep reports of suspicious activities. Obligation to keep identity and verification records. Obligation to keep other records. How records to be kept. When records need not be kept. Destruction of records. Other laws not affected. Risk assessment. Who carries out audit.
Anti-Money Laundering and Counter-Terrorism Financing
The New Zealand Government has legislated to improve its ability to tackle money laundering and terrorism financing. Where we are required to conduct customer due diligence, this Act does not allow us to act, or continue to act, for our clients unless we have conducted that due diligence. Please see the Ministry of Justice website for more information. The Australian Government's Joint Committee on Law Enforcement handed down its report on financial-related crime on 7 October , recommending the expansion of the Anti-Money Laundering and Counter-Terrorism Financing Act to cover second-tier professions, such as accountants, lawyers and real estate agents. There was consultation on laws to extend the regime, but the work has been put on hold and a Bill is yet to eventuate. A reporting entity must retain a record of all paper-based documentation and electronic data used to verify the identity of a customer in the course of carrying out the applicable customer identification procedure.
Terrorism financing is the financial support of terrorism or of those who encourage, plan, or engage in terrorist activities. The Group is committed to:. The Group is intent on satisfying its local regulatory and international obligations in a sustainable manner. To meet these obligations, Bankwest will be making changes to its systems and processes to ensure we can prevent our products and services from being used to hide the proceeds of crime or finance terrorism. These changes will mainly affect Companies, Trusts, Partnerships and Associations.
CBA is committed to meeting its regulatory obligations in identifying, mitigating and managing money laundering and terrorist financing risk. The policy contains principles in relation to:. Where the laws of a particular overseas jurisdiction are of a higher standard than that prescribed in the Australian Anti-Money Laundering and Counter-Terrorism Financing Act Cth , then the higher standard is to be applied. The primary purpose of Part A is to identify, mitigate and manage the risk of being involved in or facilitating whether inadvertently or otherwise money laundering or the financing of terrorism. To help the U. Government fight the funding of terrorism and money laundering activities, U. Federal law requires all U.
The Anti-Money Laundering and Counter-Terrorism Financing Act (AML/CTF Act) is the main piece of Australian government legislation.
Anti-Money Laundering and Counter-Terrorism Financing
Changes authorised by subpart 2 of Part 2 of the Legislation Act have been made in this official reprint. This Act is administered by the Ministry of Justice. New Zealand Legislation. Home Advanced search Browse About this site.
The Amendment expands the circumstances in which reporting entities may rely on due diligence performed by a third party. Where these requirements are met, the relying party has a safe harbour from liability for isolated failures by the third party to meet applicable customer identification procedures. Unlike the new sections 37A and 37B, there is not a safe harbour from liability by reason of use of section Nevertheless, section 38 offers the benefit of enabling reporting entities to leverage customer identification occurring within multinational corporate groups.
This includes small businesses that may be exempt from obligations under the Privacy Act in terms of other business activities they undertake. This means that a CRB that has received a verification request from a reporting entity, is only permitted to consider name, residential address and birth date details when making that assessment. A CRB will not be permitted to consider any other consumer credit-related personal information that it holds. Importantly, a CRB may only provide an overall assessment of the extent of the match between the personal information provided by the reporting entity and the personal information held by the CRB. The CRB is not permitted to provide separate assessments of the match between the particular categories of personal information provided by the reporting entity.
Anti-money laundering reforms
Если Стратмор обошел фильтры вручную, данный факт будет отражен в распечатке. - Какое отношение это имеет к директорскому кабинету. Мидж повернулась на вращающемся стуле. - Такой список выдает только принтер Фонтейна. Ты это отлично знаешь. - Но такие сведения секретны. - У нас чрезвычайная ситуация, и мне нужен этот список.
Похожий на карлика бармен тотчас положил перед ним салфетку. - Que bebe usted. Чего-нибудь выпьете. - Спасибо. Я лишь хотел спросить, есть ли в городе клубы, где собираются молодые люди - панки. - Клубы.
Шифр не поддается взлому, - сказал он безучастно. Не поддается. Сьюзан не могла поверить, что это сказал человек, двадцать семь лет работавший с шифрами. - Не поддается, сэр? - с трудом произнесла .
- На какие же параметры нацелен этот червь. На военную информацию.
На экране промелькнула внутренняя часть мини-автобуса, и перед глазами присутствующих предстали два безжизненных тела у задней двери. Один из мужчин был крупного телосложения, в очках в тонкой металлической оправе с разбитыми стеклами. Второй - молодой темноволосый, в окровавленной рубашке. - Халохот - тот, что слева, - пояснил Смит.
Я вам все верну. Беккер подумал, что деньги, которые он ей даст, в конечном счете окажутся в кармане какого-нибудь наркоторговца из Трианы.
Терпкий аромат красного вина ударил в ноздри Беккера, когда падре Херрера опустил перед ним серебряную, отполированную миллионами рук чашу. Немного рано для алкогольных напитков, подумал Беккер, наклоняясь. Когда серебряный кубок оказался на уровне его глаз, возникло какое-то движение, и в полированной поверхности смутно отразилась приближающаяся фигура. Беккер заметил металлический блеск в тот самый миг, когда убийца поднимал пистолет, и, как спринтер, срывающийся с места при звуке стартового выстрела, рванулся. Насмерть перепуганный священник упал, чаша взлетела вверх, и красное вино разлилось по белому мрамору пола.