We may need to obtain and verify the source of wealth or funds for your trust, company, partnership, or proposed transaction. For trusts or partnerships, this may include documents such as a Trust Deed, records of trustee appointments or retirements, or a partnership agreement. If further information is required, our AML Compliance team will be in touch.
Our in-house AML/CFT Compliance Officer will make the process as straightforward as possible under the legislation, though it may be more complex for overseas clients. For trusts, companies, or similar entities, the legislation requires us to collect information about key parties (such as shareholders, trustees, settlors, and certain beneficiaries), which may involve providing details for multiple individuals or entities.
For more complex clients, such as large overseas companies, we may engage a third-party agency to assist with the due diligence process. If this applies, we will notify you before proceeding.
To avoid delays, we ask that you complete the due diligence process as promptly as possible when requested. Without this, we may be unable to act on your behalf.
Please note that our terms of engagement have been updated to reflect the AML/CFT Act requirements, and they will apply to all new matters we undertake for you. Please view our updated
Terms of engagement &
Client due diligence notice.We understand these requirements may feel inconvenient, but they are mandatory under the AML/CFT Act. We thank you for your understanding and patience as we work to meet these obligations.
If you have any questions, please contact our AML/CFT Compliance Officer at
amladmin@mcveaghfleming.co.nz.
%20(1).webp){kind=spacer}
