Anti-Money Laundering and Countering Financing of Terrorism Act 2009

Introduction

You could also call this:

"Stopping Bad People Using Money for Wrong Things"

Illustration for Anti-Money Laundering and Countering Financing of Terrorism Act 2009

This Act has some main goals. You will see it is used to stop money laundering and the financing of terrorism. It also helps keep New Zealand's good name internationally by following some recommendations from the Financial Action Task Force. This Act helps different groups work together. You will see reporting entities, supervisors, and government agencies, like the police and regulatory agencies, all work as a team. This teamwork helps make people trust the financial system more. The Act is used to detect and stop bad things like money laundering. It also helps New Zealand follow international rules to stop the financing of terrorism and keep its good reputation. You can think of it like a team effort to keep your money and the country's financial system safe. The Act helps achieve this by following international guidelines and working with different agencies to stop bad activities.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM2140700.


Highlights from this law




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1: Title, or

"This law is called the Anti-Money Laundering Act"

Anti-Money Laundering and Countering Financing of Terrorism Act 2009

Reprint as at:
2025-11-27
Assent:
2009-10-16
Commencement:
see section 2

The Parliamentary Counsel Office has made editorial and format changes to this version using the powers under subpart 2 of Part 3 of the Legislation Act 2019.

Note 4 at the end of this version provides a list of the amendments included in it.

This Act is administered by the Ministry of Justice.