Anti Money Laundering Training New Zealand

Meet New Zealand Anti-Money Laundering and Countering Financing of Terrorism obligations with this online training course designed for organisations operating in regulated and higher risk industries.

This course explains the requirements of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009, the primary legislation supporting New Zealand’s international obligations to combat money laundering and terrorism financing.

Designed for reporting entities including financial institutions and casinos, the course provides practical guidance on customer due diligence, suspicious activity reporting, and AML/CFT programme requirements. Learners receive a certificate of completion to support compliance and audit requirements.

Course Highlights

• Online, self-paced AML/CFT training
• Designed for New Zealand reporting entities
• Covers money laundering risks, CDD, monitoring, and reporting
• Aligned to the AML/CFT Act 2009 and related legislation
• Practical, role appropriate learning for staff and managers
• Audit ready reporting through Salt™ Compliance LMS
• Certificate of completion for compliance records

Understanding Anti Money Laundering Risks

Money laundering is the process by which funds obtained through criminal activity are given the appearance of having come from a legitimate source. These funds may originate from drug trafficking, terrorism, tax evasion, or other serious crimes.

Organisations operating in New Zealand are exposed to these risks and must implement appropriate controls to prevent misuse of the financial system.

Failure to manage money laundering and terrorism financing risks can result in regulatory action, criminal penalties, and serious reputational damage.

Key AML/CFT Concepts

Understanding AML/CFT obligations is essential for protecting organisations and the integrity of the financial system. Core concepts covered in this course include:

• The three stages of money laundering
• Money laundering and terrorism financing risks
• Customer Due Diligence and beneficial ownership
• Risk assessments and AML/CFT programmes
• The role of an AML/CFT Compliance Officer

Why Compliance Matters

Noncompliance with New Zealand’s AML/CFT obligations can lead to:

• Regulatory enforcement action
• Criminal and civil penalties
• Reputational damage
• Increased exposure to financial crime

Effective AML/CFT training ensures employees understand their responsibilities, can identify suspicious activity, and know how to respond and report appropriately. A strong training program supports governance, risk management, and regulatory compliance.

Course Content

Core AML Concepts

• What money laundering is and how it occurs
• The problem of money laundering
• The three stages of money laundering
• Application of the AML/CFT Act 2009
• Enforcement authorities and organisational risk

Money Laundering Risks

• Broad AML/CFT obligations of reporting entities
• Risk assessment requirements
• Factors to consider in assessing risk
• AML/CFT programme requirements
• Role of an AML/CFT Compliance Officer

Customer Due Diligence

• Standard customer due diligence
• Simplified CDD and when it applies
• Enhanced CDD requirements
• Beneficial ownership
• Ongoing monitoring and recordkeeping

Monitoring and Reporting Obligations

• Compliance reporting obligations
• Prescribed transaction reporting
• Cross border cash movement reporting
• Indicators of suspicious activity
• Managing and reporting suspicious activity

Terrorist Financing

• Terrorist acts and related offences
• Terrorist organisations and funding methods
• Use of money laundering techniques to fund terrorism
• Terrorism financing and property offences

Enterprise Reporting and Compliance Management

Salt™ Compliance LMS Capabilities

• Realtime training completion tracking
• Organisation wide compliance visibility
• Audit ready reporting for internal and regulatory reviews
• Scalable delivery across teams and business units

Decision Framework – Is This the Right AML Course?

Use this course if your organisation requires:

• AML/CFT training aligned to New Zealand legislation
• Staff awareness across regulated or higher risk services
• Practical guidance on CDD, monitoring, and reporting
• Scalable online delivery with governance oversight

Professional Development

Completing this course enables staff and managers to:

• Identify and understand money laundering risks
• Meet AML/CFT obligations under New Zealand law
• Support effective AML/CFT programmes
• Protect the organisation from financial crime and reputational harm

Anti-Money Laundering Courses

• Anti Money Laundering Course (Global)
• Anti Money Laundering for the Finance Sector Course (Australia)
• Anti Money Laundering for Law Firms Course (Australia)
• Anti Money Laundering for the Real Estate Industry Course (Australia)
• Anti Money Laundering for Compliance Officers in Financial Services Course (Australia)
• Anti Money Laundering for Pubs and Clubs Course (Australia)
• Anti Money Laundering Course (New Zealand)
• Anti Money Laundering Course (Singapore)
• Anti Money Laundering – Private Banking & Wealth Management Course (Singapore)
• Anti Money Laundering – Insurance Course (Singapore)
• Anti Money Laundering – Insurance Course (Hong Kong)
• Anti Money Laundering Training for Financial Services (Hong Kong)
• Anti Money Laundering Course (Malaysia)

Book a Demo or Enrol Your Organisation

Strengthen your organisation’s AML/CFT framework with practical, regulator aligned training.

Request a demo or enrol your team today. For group bookings or tailored training options, please contact us.

Quick Answer: What Is the Anti-Money Laundering Course?

This online Anti-Money Laundering course helps New Zealand organisations understand money laundering and terrorism financing risks, meet AML/CFT obligations, and implement effective customer due diligence, monitoring, and reporting controls.