Our company is required under New Zealand’s Anti-Money Laundering and Countering Financing of Terrorism Act 2009 No 35 to have an AML/CFT Compliance Programme DBG Update and AML/CFT Risk Assessment DBG Update in place each year.
This updated programme and the updated risk assessment help us to verify our customers, monitor for unusual activity, and ensure we are not being used (knowingly or unknowingly) for money laundering or the financing of terrorism.
Having a clear and compliant programme and risk assessment protects our business and maintains trust with clients and regulators.
As the reporting entity, we must ensure that anyone performing AML related duties (e.g. customer due diligence) understands the relevant parts of our company's AML/CFT Compliance Programme and AML/CFT Risk Assessment.
To ensure you are meeting the company's procedures, please view the attached documents:
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