AML/CFT

Halliwells is required to obtain and verify information from prospective and existing clients under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT). This law requires us to do a number of things to help combat money laundering and terrorist financing, and to help Police bring the criminals involved to justice. The law requires that law firms and other professionals assess the risk they may face from the actions of money launderers and people who finance terrorism, and to identify potentially suspicious activity.

To make that assessment, we must obtain and verify information about a range of things. Take reasonable steps to make sure the information we receive from clients is correct, hence the need to ask for documents that show this. This is part of what the AML/CFT law calls Customer Due Dilligence (CDD).

This information we need to obtain from you and verify includes:

  • Your full name and
  • Your date of birth and
  • Your address and
  • Your IRD number

We will need photo ID documents such as your passport or driver's licence and a utility document  such as an original current bank statement or rates bill showing your residential address. (see list below)

If our engagement involves a Company or a Trust, we will need additional information about the people associated with it such as directors and shareholders, trustees and beneficiaries.   

We will need to ask you about the nature and purpose of the proposed work you are asking us to do for you. Information confirming the source of funds for a transaction is necessary to meet to the legal requirements. 

Before we start working for you, we will let you know what information we need. To comply with the law we are asking that you indulge us when we ask for proof of identification and proof of address.

If we are not able to obtain the required information from you, it is likely we will not be able to act  on your behalf.

Please download our quick reference guide for information about acceptable forms of identification and address verification.

acceptable-forms-of-identifiction-and-address-verification.pdf [PDF]

 

 

Halliwells

87 Regent Street
Hawera, Taranaki, New Zealand

Phone: (06) 278 5114
Fax: (06) 278 4414