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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

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Tim Hunter Mon, 08 Aug 2022
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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NZ Police: the AML system is working
Law,
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