Resources

Sometimes words enter your vocabulary and you can’t remember where or when you first heard them but suddenly they’re there and you’re hearing and using them all the time. I’m not talking about “lock-down” or “social distancing” or “flattening the curve” – I’m talking...

Overview: Reporting Entities across New Zealand are experiencing increased regulatory scrutiny, prompting organisations to rapidly evolve their Anti-Money Laundering (AML) programs. One approach that is proving popular is the managed service model, or compliance...

Non-resident customers or those from high risk jurisdictions Enhanced Due Diligence (EDD) is required, under the AML/CFT Act 2009, when a reporting entity establishes a business relationship with a customer (even if occasional) that is a non-resident customer from a...

Know Your Customer (KYC) procedures are a critical function to assess and monitor customer risk and a legal requirement when complying with New Zealand’s AML/CFT Regulations. Do you know your customer? You need to if you are a Reporting Entity under New Zealand’s...

A complete view into a customer's profile, risk levels....and more Nowadays, it has become mandatory for compliance teams to think about regulation in a holistic way, and to find improved methods of managing the vast amount of transactional data being collected each...