Our recommended next steps
All reporting entities will be affected by these updates to the AML/CFT regulations, so we recommend taking the following actions to ensure you stay compliant.
- Review the links to the updates in the Resources section on this page.
- Assess how it impacts your AML/CFT policies, procedures, and controls.
- Look to make the relevant updates to your Risk Assessment and Compliance Programme.
- Train your staff in how these changes impact their roles and duties.
Resources
- Ministry of Justice Changes to AML/CFT Act Regulations
- Beneficial Ownership Guideline April 2024
- Customer Due Diligence: Companies Guideline April 2024
- Customer Due Diligence: Limited Partnerships Guideline April 2024
- Customer Due Diligence: Trusts Guideline May 2024
- Enhanced Customer Due Diligence Guideline April 2024
How we can help
AML Solutions are experts in guiding reporting entities through legislation changes and applying them to each unique business.
We’re here to help you with:
Consultation on how these changes impact your organisation.
Training compliance staff and Senior Leaders on their updated obligations.
Tijana Misur
Head of Delivery, CA, CAMS-Audit
Tijana is a CAMS-Audit certified AML/CFT professional with extensive experience providing both Audit and Consultancy services to hundreds of New Zealand, Australian and Pacific Island reporting entities.
Tijana is our Head of Delivery and supported by a team of Consultants who are assisting reporting entities across all AML sectors with the development of their AML Compliance Programmes, AML Audits and Training. Tijana and her team’s focus is to provide practical guidance and expertise gained by observing trends and assisting over 1,000 clients with their AML/CFT obligations.
Tijana is a Chartered Accountant, and gained her Certified Anti-Money Laundering Specialist certificate through ACAMS in 2016, and the CAMS-Audit advanced certification in 2018.