ANALYSIS: Winners and losers in latest AML scorecard

The latest money laundering report scores New Zealand well.

Fri, 07 May 2021

Mention anti-money laundering regulation to anyone in the finance, legal, or accounting sectors and you won’t hear anything but groans. Too costly, doesn’t do anything, my clients aren’t the bad guys – the list goes on and on.Of course, none of these professionals really want to know if their home purchaser, client, or customer is actually a crook. It doesn’t help academics with PhDs on the subject continue to protest that the global regime is ineffective – for example, New Zealand’s Ron Pol,...

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