New Zealand: Criminal Law

New Zealand's anti-money laundering and counter-financing of terrorism framework is undergoing significant transformation as the Department of Internal Affairs assumes sole supervisory authority with enhanced enforcement capabilities. The reforms introduce risk-based compliance settings, extended reporting timeframes, and stricter obligations for reporting entities to align their risk assessments with regulatory perspectives.

Timely reminder that if you receive a statutory information notice from a New Zealand regulator, you should comply with it.

New law aims to penalise employers that owe wages to employees & intentionally do not pay them.