Citibank NZ warned by RBNZ over AML failures
Bank failed to provide originator information for 64,000 wire transfers.
Citibank NZ has been warned by RBNZ over AML failures.
Citibank New Zealand has been formally warned by the Reserve Bank over failing to provide originator information for international wire transfers, breaching anti-money laundering regulation.
The circa-64,000 affected transactions took place between January 2017 and July 2020, and between November
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