New Zealand Anti-Money Laundering

  • 4 topics | 16m 59s
  • Up to 30 languages
  • Transcripts
Money laundering lets criminal organisations hide the real source of illegally obtained money. Businesses and their employees need to take reasonable steps to ensure they don't facilitate this process, and to comply with anti-money laundering (AML) legislation. In this course, you'll learn what money laundering involves and why it's important to comply with your organisation's AML program. You'll also learn how to meet customer due diligence requirements and how to identify and report suspicious activities that could indicate money laundering. This course was developed with subject matter support provided by DLA Piper New Zealand. Please note, however, that the course materials and content are for informational purposes only and do not constitute legal advice and may or may not reflect the most current legal developments. Nothing herein, or in the course materials, shall be construed as professional advice as to any particular situation or constitute a legal opinion with respect to compliance with legal statutes or statutory instruments. DLA Piper New Zealand accepts no responsibility for their contents and the reliance on the contents is prohibited and at the user’s risk. Transmission of the information is not intended to create, and receipt does not constitute, a solicitor-client relationship. Readers should not act upon this information without seeking independent legal advice.

WHAT YOU WILL LEARN

  • recognise why it's important to comply with anti-money laundering (AML) measures
  • recognise the requirements for performing customer due diligence
  • identify record keeping and reporting measures to assist organisations in identifying suspicious activities that may indicate money laundering
  • identify employee responsibilities for implementing anti-money laundering (AML) measures

IN THIS COURSE

  • Understanding Anti-Money Laundering Obligations
    2m
  • Performing Customer Due Diligence
    3m
  • Reporting Suspected Money Laundering
    4m
  • Exercise: Complying with AML Measures
    5m