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AML Guide for small adviser businesses (8 February 2012) (New Zealand)

Minter Ellison Rudd Watts

Some financial advisers are currently unsure as to the extent to which they are required to comply with the AML/CFT (Anti-Money Laundering and Countering Financing of Terrorism) regime. Accordingly the FMA has released a guide to help advisers working independently or in a small business comply with their obligations under the the Anti-Money Laundering and Countering Financing of Terrorism Act 2009. The guide is not intended for larger, more sophisticated businesses.

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