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Govt starts work on extending anti-money laundering provisions to professions

Govt starts work on extending anti-money laundering provisions to professions

By Paul McBeth July 13 (BusinessDesk) - The government has started work on expanding anti-money laundering obligations to professionals including lawyers and accountants as the number of suspicious transactions reported to law enforcement agencies more than triples since legis...

13 Jul 2015
Govt extends underwrite to start-up investor, NZVIF, to 2022

Govt extends underwrite to start-up investor, NZVIF, to 2022

By Fiona Rotherham July 13 (BusinessDesk) - The government is extending its underwrite of the Crown-funded start-up investor, New Zealand Venture Investment Fund, through to 2022 and allowing $12 million to be transferred to the investor's cash-constrained seed fun, but the le...

13 Jul 2015
NZ dollar likely to return to 20-year average by the end of 3rd quarter: BusinessDesk survey

NZ dollar likely to return to 20-year average by the end of 3rd quarter: BusinessDesk survey

By Tina Morrison July 13 (BusinessDesk) - The New Zealand dollar, which traded within a whisper of its post-float high against the greenback a year ago, is probably going to return to its 20-year average by the end of this quarter, benefiting exporters such as winemaker Delega...

13 Jul 2015