AML Framework

What is the AML Framework – and Why It Matters to You

AML stands for Anti-Money Laundering, and it’s part of a legal framework in New Zealand designed to help prevent crime,  particularly money laundering and the financing of terrorism. It’s all about making sure money being used in our financial and legal systems comes from legitimate sources.

Under New Zealand’s Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT Act), lawyers, along with banks, real estate agents, and other professionals, have a legal obligation to help detect and deter this kind of illegal activity.

What Information Do We Need from You? 

To comply with New Zealand’s Anti-Money Laundering (AML) laws, we are required to collect certain information from our clients before we can carry out legal work — especially when it involves property transactions, company or trust work, or handling money.

This process is called Customer Due Diligence (CDD), and it helps ensure that all funds we deal with come from legitimate sources.

Here’s what we may need from you:

1. Proof of Identity

We need to verify who you are. You’ll need to provide photo ID, such as:

• A passport
• A New Zealand driver’s licence
• A national ID card (if applicable)

We will also likely need to verify the authenticity of the document — for example, using a certified copy or asking you to bring the original in person.

2. Proof of Address

We need to confirm where you live. You can provide a recent document (issued within the last 3 months) that shows your name and address, such as:

• A utility bill
• A bank statement
• An official letter from a government department

3. Source of Funds or Wealth

If the legal work involves large sums of money — like buying a house, starting a company, or setting up a trust — we may need to understand where the money is coming from.

This might include:

• Bank statements
• A sale and purchase agreement (e.g. if you’ve sold a property)
• A letter from your accountant
• Evidence of inheritance, savings, or business income

This isn’t us being nosey — it’s a legal requirement to ensure the money isn’t connected to criminal activity.

4. Details About the Nature of the Work

We may also need a brief explanation of:

• What you’re wanting us to help with
• Who else is involved
• How the transaction will take place

This helps us understand the purpose of the business relationship and ensures everything aligns with legal and ethical guidelines.

Need Help?

We know this process can feel unfamiliar, but we’re here to guide you through it and make it as simple as possible.

If you’re ever unsure about what documents to provide, just ask — we’re happy to help.