Welcome from the chair

Events such as the release of the Panama Papers and Shewan Inquiry exposed New Zealand as an attractive target for hiding assets and funneling illicit funds. In response to these developments and in an effort to restore New Zealand’s reputation for transparency, the government took decisive action to develop a regime to identify and deter the movement of criminal money.

The result was amendments to the Anti-Money Laundering & Countering Financing of Terrorism (AML/CFT) Act. The implementation of these Phase 2 laws is now upon us. It will bring significant changes to a number of sectors – lawyers, conveyancers, real estate agents, accountants, high-value goods dealers and gambling service providers. Lawyers and conveyancers must comply with the Act by July 2018, while the implementation dates for accountants and real estate agents are not far behind – October 2018 and January 2019, respectively.

Building upon the inaugural June 2017 conference on this issue, the 2018 Anti-Money Laundering Conference, hosted by Thomson Reuters, will provide practical skills that will allow you to implement an AML/CFT framework, minimise compliance costs and build competitive advantage through your phase 2 compliance strategy. You’ll have the chance to engage with those responsible for enforcement of the new regulations, as well as speaking with experts in the implementation of effective AML programmes. You will also have the chance to learn from examples, through case studies of entities that have already successfully navigated their compliance obligations in phase 1.

Now is the time to put into place the tools your organisation needs not only to comply with the new regulations, but to do so in a way that makes financial sense, is properly tailored for your business model and risk and will improve the way you do business.

I look forward to meeting you at the conference and discussing these important topics with you.

Nathan Lynch
Regional Bureau Chief
Financial Crime & Risk,
Asia-Pacific Thomson Reuters

Testimonials from 2017 attendees

"This was an excellent & well timed seminar that is proactive and not reactive. I enjoyed it greatly."

"All presenters were articulate and knowledgeable."

"Excellent conference."