New Zealand reshapes its AML/CFT regime under a single regulator, the Department of Internal Affairs (DIA), with a stronger, more consistent risk-based supervisory approach

From 1 July 2026, DIA assumes responsibility as New Zealand’s sole AML/CFT supervisor and has released 23 pieces of new or updated guidance covering risk assessment, country risk, CDD, beneficial ownership, wire transfers, audit, designated business groups and financial crime prevention network arrangements. DIA says the shift is intended to create more consistent expectations and a more streamlined experience for reporting entities…