Articles tagged with Terrorism
New Zealand Rejects Blanket Crypto ATM Ban, Opts for Targeted Regulation
1 month ago | 338 viewsThe Government has decided against a blanket ban on crypto ATMs, opting instead for targeted regulations to reduce criminal misuse of virtual assets while allowing legitimate use. Cabinet will introduce regulation-making powers to restrict cash transactions for virtual assets, such as setting transaction limits or banning cash payments for high-risk assets if necessary. These measures are part of broader reforms to New Zealand’s Anti-Money Laundering and Countering Financing of Terrorism system, balancing innovation with crime prevention.
Tags: Nicole McKee crypto ATMs virtual assets New Zealand government Cabinet decision Countering Financing of Terrorism cash transactionsNew Zealand's AML/CFT 2026-2030 Strategy: Cutting Red Tape, Boosting Enforcement
5 months ago | 1062 viewsAssociate Justice Minister Nicole McKee has released New Zealand’s Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) National Strategy for 2026–2030, aiming to streamline compliance and strengthen enforcement against serious crime. The strategy emphasizes a risk-based approach to reduce unnecessary paperwork for low-risk transactions while enhancing focus on genuine risks, supported by a single AML/CFT supervisor under the Department of Internal Affairs from July 2024. This reform seeks to provide clearer guidance, reduce compliance costs, and deliver significant regulatory relief, building on previous efforts to simplify customer verification and improve the AML/CFT system.
Tags: Nicole McKee New Zealand Countering Financing of Terrorism Department of Internal Affairs Ministry of Justice regulatory reform financial crime national strategyMinister Judith Collins Represents New Zealand at Five Country Ministerial Meeting in London
11 months ago | 942 viewsMinister Judith Collins is representing New Zealand at the annual Five Country Ministerial meeting in London, where common issues and joint commitments among New Zealand, Australia, Canada, the UK, and the US are discussed. The meeting covers topics such as countering terrorism, state threats, border security, and tackling child sexual exploitation. Collaboration with UK counterparts and other Five Eyes partners is emphasized for enhancing safety and security on a global scale, highlighting New Zealand's dedication to global security efforts.
Tags: Judith Collins GCSB NZSIS Five Country Ministerial meeting New Zealand Australia Canada UK US terrorism