A Radio NZ article.
New Zealand’s anti-money laundering and counter-terrorism financing measures have been marked as adequate but a review has identified some gaps.
The latest report from the Financial Action Task Force, the global watchdog for money laundering and terrorist financing, assesses the risks New Zealand faces and looks at what laws and measures are in place and how well they are working.
It praised New Zealand for its work in recovering the proceeds of crime and for agencies’ ability to work together to use intelligence to investigate suspected crimes and trace and seize illicit assets.
To read more, click here.