New Zealand: Report on the Observance of Standards and Codes—FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism

International Monetary Fund

No 2005/284, IMF Staff Country Reports from International Monetary Fund

Abstract: This report evaluates the Observance of Standards and Codes on the Financial Action Task Force (FATF) Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) for New Zealand (NZ). The assessment reveals that since its last evaluation in 1998, NZ has made few changes to its AML regime, but has introduced new legislation and associated institutional measures to combat terrorist financing. The criminal justice legislative measures for combating money laundering and terrorist financing are generally sound, and in several areas, the effectiveness of those measures has improved over time.

Keywords: ISCR; CR; NZ Police; New Zealand FIU; predicate offence; crime matter; NZ financial system; NZ FIU; money laundering offence; fraud offence; NZ authorities; NZ Law Society; cash transaction; Anti-money laundering and combating the financing of terrorism (AML/CFT); Money laundering; Terrorism financing; Legal support in revenue administration; Asia and Pacific (search for similar items in EconPapers)
Pages: 16
Date: 2005-08-10
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=18480 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2005/284

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().