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Impact of Russia Sanctions on AML/CFT reporting entities

Page last updated: 18 March 2022

The three AML/CFT Act supervisors – FMA, DIA and RBNZ - have provided an update to reporting entities on what is required of them under the Russia Sanctions Act 2022, following the Act’s passage in Parliament on 9 March. The Ministry of Foreign Affairs and Trade (MFAT) has detailed the individuals, entities, and classes of persons impacted by the Sanctions Act 2022.

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