close
Law
8 mins to read

NZ Police: the AML system is working

The anti-money laundering regime has compliance costs but it’s a key defence against criminals, says Detective Inspector.

Police Financial Crime Group Detective inspector Craig Hamilton speaks with Tim Hunter.

Tim Hunter Mon, 08 Aug 2022

At the Appeal Court last month a judgment was handed down confirming the conviction on money laundering offences of two individuals and their money remittance business.

The three – Jiaxin Finance, Fuqin Che and Qiang Fu – were fined a collective $2.9 million after failing to report suspicious

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
NZ Police: the AML system is working
Law,
95149