Anti-Money Laundering and Countering the Financing of Terrorism (Specified Non-Profit Organisations) Code

Closed 27 Mar 2019

Opened 13 Feb 2019

Results expected 1 Jun 2019

Feedback Updated 15 Oct 2019

We Asked

In conjunction with the Department of Home Affairs, we asked for views on the proposed Anti-Money Laundering and Countering the Financing of Terrorism (Specified Non-Profit Organisations) Code.

You Said

Responses were received from two parties. The responses received were broadly supportive and respondents understood the rationale behind the proposed updates.

We Did

Some changes to the proposals were made in order to be consistent with the rest of the AML/CFT Framework. These are detailed in the consultation response document. The Anti-Money Laundering and Countering the Financing of Terrorism (Specified Non-Profit Organisations) Code 2019 came into operation on 1 June 2019.

Overview

This consultation sets out the proposed Anti-Money Laundering and Countering the Financing of Terrorism (Specified Non-Profit Organisations) Code.

Why We Are Consulting

The purpose of this consultation is to seek views on the proposed Anti-Money Laundering and Countering the Financing of Terrorism (Specified Non-Profit Organisations) Code.

Areas

  • All Areas

Audiences

  • All residents

Interests

  • Legislation
  • Policies, strategies & plans
  • Finance