Designated Business Groups

Businesses that appear on the list below have formed a designated business group (DBG) in accordance with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT Act) and have notified the FMA of the DBG formation in accordance with the AML/CFT designated business group formation and change guideline PDF.

About the DBG list

• Only entities that have completed the necessary forms for notifying the FMA of their election to form or join a DBG are included on this list.
• The list represents our current population of DBGs and is subject to change from time to time.
• This list is for information only and the listing of a business does not imply we have approved of the activities of the business and does not certify compliance of the business with applicable legislation.
• Each reporting entity within the DBG must complete an annual AML/CFT report, however, not all entities with a DBG are necessarily reporting entities. Where they are not reporting entities, we have highlighted them as such.
• For more information see:
  • AML/CFT Act, Section 5 - DBG interpretation and sections 32 – 36 Reliance on third parties
  • Anti-Money Laundering and Countering Financing of Terrorism (Definitions) Regulations 2011.  Definition of a DBG – regulations 6 to 9

DBG Scope Guidelines

This guideline is designed to help reporting entities assist to make the decision on whether to form a designated business group and understand which obligations may be shared by members of a DBG.

Download Designated Business Group Scope Guidelines PDF.

DBG Formation Guidelines

This guideline is designed to help reporting entities forming a DBG understand the process for doing so. Entities may form a DBG if they are eligible to do so under the AML/CFT Act and associated regulations. This guideline highlights the eligibility criteria and election process and explains the process for notifying an AML/CFT supervisor of the formation of a DBG, any addition or withdrawal of a member, or any change in details. Guidance on information sharing in a DBG is provided in the DBG Scope Guideline.

Download Designated Business Group - Formation and Change Guideline PDF.

List of AML/CFT designated business groups (DBGs) notified to and supervised by the FMA