AML / CFT Compliance, Audit, Training and Consulting
Full AML / CFT service offering to keep your organisation safe
AML/CFT Services
AML / CFT Services
Having adequate anti-money laundering (AML) and countering finance of terrorism (CFT) measures in place is a responsibility every organisation in New Zealand should take seriously.
These policies and measures are not only key to the integrity of the international finance system but help keep our domestic market safe.
At Moore Markhams, our experts work closely with you to ensure your AML / CFT requirements are met effectively and with minimal disruption to your daily operations.
Which organisations need to be AML / CFT compliant?
The 2009 AML / CFT Act places strict obligations on a number of organisations to detect and deter money laundering and terrorism financing. This includes:
- Financial Institutions
- Casinos
- Virtual Assets Service Providers (such as crypto currency providers)
- Accountants
- Real Estate Agents
- Lawyers
- Conveyancers
- High Value Dealers
However, organisations of any industry and size can benefit from having AML and CFT measures in place.
AML Services At Moore Markhams
What does my organisation need to do to be AML / CFT compliant?
There are a number of elements involved with becoming AML / CFT compliant.
This includes operating processes, staff training and conducting an audit. AML / CFT audits should be performed every three years, however, it is good practice to do an annual check.
AML / CFT services at Moore Markhams
Moore Markhams experts understand the pressure AML / CFT compliance puts on your organisation, and we will work closely with you to ensure these requirements cause the least amount of disruption possible.
We follow a tailored risk-based approach to ensure nothing is missed.
We can conduct your tri-annual AML / CFT audit to ensure you comply with your audit requirements. We will take you through the process step-by-step, from preparation to conclusion. Moore Markhams will also provide recommendations to any issues raised during the audit process, or any points raised by regulators or other reporting bodies.
Three years is a long time between audits. We can perform a mini-audit or check point ahead of an AML Audit to make your tri-annual audit as quick as possible. This checkpoint will help identify issues and irregularities early and will assist in addressing them before they become a larger problem.
Moore Markhams can build and offer training programs, relevant to all levels in your organisation. We will ensure training is effective and that everyone is aware of how they can help keep your organisation, staff and clients safe.
The Moore Markhams team of advisors are experienced in all aspects of AML / CFT and can assist you with any questions or concerns you have.
AML/CFT Knowledgebase
Professional Money Launderers: Understanding Techniques and Risks
29 min
Safeguard Your Business Against Money Laundering
30 minLocal Expertise
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