AML/CFT customer due diligence: companies

New Zealand companies are incorporated under the Companies Act 1993. Overseas companies that carry on business in New Zealand are also required to be registered under Part 18 of the Companies Act.

Section 11 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the Act) requires you to conduct CDD on:

• a customer;
• any beneficial owner of a customer;
• any person acting on behalf of a customer.

Download the Customer due diligence: companies, PDF

Related

Download the beneficial ownership guideline, PDF