AML compliance harder, more expensive than it needs to be: MoJ
The 256-page report follows more than 200 submissions on the regime, published in March.
Illustration: Michael Hickmott.
A Ministry of Justice review of anti-money laundering regulations has found “foundational issues” and the need for “major improvements”, resulting in compliance being harder and more expensive than it needs to be for businesses.
Last year , then-Minister of Justice Kris Faafoi commenced a
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