Anti-Money Laundering and Countering Financing of Terrorism Act 2009

The Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML Act) came into effect on the 30th of June 2013. New Authorisers and Administrators will need to have their identity verified via NZ passport, if you do not have this you will need an NZ drivers licence and also the home address of the person who will be signing the agreement.

To read about identity requirements or customer due diligence visit NZ Legislation.