Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) legislation significantly impacts the New Zealand real estate sector, encompassing both property purchases and commercial leases. The primary aim of the AML/CFT Act 2009 is to detect and deter money laundering and terrorism financing, thereby protecting New Zealand's financial system and international reputation. The Scope of...
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by Jim Young
- 1 year ago
- Real Estate
- 0