
Local News and Events
First successful court proceedings under NZ’s anti-money laundering law
Source: www.cygnuslaw.nz The first successful court proceedings have been brought for breach of NZ’s anti-money laundering (“AML”) law. The High Court imposed a pecuniary penalty of $5.29m on the company, Ping An Finance (Group) New Zealand Company Ltd (“Ping An”).&nb
October 4, 2017