NEW ZEALAND - ANTI-MONEY LAUNDERING AND COUNTERING FINANCING OF TERRORISM ACT 2009

To put it simply, money laundering is a crime. This is a process criminals use to ‘clean’ the money they make from crimes such as fraud, dealing in illegal drugs and trafficking. By making the money look like it comes from a legitimate source, they can cover their tracks and avoid detection. Criminal organisations and people who finance terrorism target businesses and countries they believe have weak systems and controls that they can exploit.

Please don't be affended if you are asked to provide the necessary proof of identification and proof of address when asked.

This affects businesses and services as listed
Lawyers, conveyancers, and trust and company service providers (from 1 July 2018)
Accountants and providers of accounting services (from 1 October 2018)
Real estate agents (from 1 January 2019)
Dealers in high value goods and the New Zealand Racing Board (from 1 August 2019)