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Anti-Money Laundering and Counter-Terrorism Financing Course

(New Zealand)

In 2009, the Anti-Money Laundering and Counter Financing of Terrorism Act and associated regulations were introduced to tackle money laundering and the financing of terrorism in New Zealand. The legislation impacts any organisation which provides financial services and products or specific designated services.

Safetrac’s ‘Anti-Money Laundering and Counter-Terrorism Financing’ course provides employees with a general understanding of how Anti-Money Laundering laws operate within the workplace.

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Available in ShortBurstTM

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Learning outcomes

On completing this course, learners should be able to:

  • understand what money laundering is;
  • understand what counter-terrorism financing is;
  • explain their responsibilities under the law.

Course contents

  • The law
  • What is money laundering?
  • What is terrorism financing?
  • Differences
  • What a reporting entity must do
  • The activity-based approach
  • The risk-based approach
  • AML/CTF risk assessment
  • Prescribed transaction reporting
  • The AML/CFT compliance program
  • Limited expectations
  • Collection information
  • Beneficial owners
  • Customer due diligence
  • Reporting
  • Penalties
  • Keeping records
Enquire About this Course
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Available in ShortBurstTM

This Safetrac course is provided by:

Course preview

A few presentation slides used during the course.

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