RBNZ takes TSB to court for AML breaches
RBNZ ‘disappointed’ TSB did not respond sufficiently to 2016 formal anti-money laundering warning.
Hamish McNicol
Thu, 27 May 2021
The Reserve Bank of New Zealand has filed High Court proceedings against TSB Bank for breaches of anti-money laundering and countering financing of terrorism legislation.
A statement from the RBNZ said today that the claim was an “escalated regulatory response” to the New Plymouth-based
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Hamish McNicol
Thu, 27 May 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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RBNZ takes TSB to court for AML breaches
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