New Zealand Unifies AML/CFT Regulation Under DIA to Combat Financial Crime
New Zealand’s Department of Internal Affairs (DIA) has become the sole regulator for anti-money laundering and counter-financing of terrorism (AML/CFT), consolidating oversight of about 6,100 reporting entities to provide clearer guidance and reduce compliance burdens. The government has passed multiple reform bills and launched a four-year AML/CFT National Strategy (2026–2030) aimed at making it easier to do business while targeting organized crime and fraud. An industry levy, starting in July 2027 and designed with sector input, will help fund enhanced intelligence sharing, supervision, and regulatory administration to strengthen New Zealand’s ability to detect and disrupt money laundering.