NEW ZEALAND KEEPS PUSHING TO REDUCE MONEY LAUNDERING PROBLEM, DESPITE CLEAN REPUTATION
June 1st, 2018
NEW Zealand maybe top of the Transparency International’s Corruption Perception Index but dirty money abounds – this March (2018), New Zealand Police said that New Zealand dollars NZD1.35 billion (USD916 million) is laundered annually, primarily from drug and fraud offences.
See http://www.police.govt.nz/sites/default/files/publications/fiu-nra-2018.pdf
New AML/CFT legislation coming into effect in July, the Anti-Money Laundering and Countering Financing of Terrorism Amendment Act 2017, (see ...
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