Understanding the role of the AML/CFT supervisors and how they carry out their functions, and in particular the Department of Internal Affairs (DIA), will be of immense value to practitioners.
This session provides an opportunity for lawyers to hear from the DIA, as well hear from the experiences of a practitioner who has had close dealings with them in the past.
The session affords practitioners the opportunity of hearing about upcoming guidance, new or amended, and gain insight into where the supervisors see the primary focus of new reporting entities should be.
Fiona introduces 'The AML/CFT Toolkit Series II'
- Learn and understand more about the role of the supervisors and how they work together to enforce the AML/CFT regime.
- Learn more about the DIA’s engagement approach with its new reporting entities, including where to go for help and guidance, and its enforcement approach.
- Gain insights into how the AML/CFT regulations will be applied from the DIA’s perspective.
- Understand better some of the issues facing practitioners in respect of their relationship with the DIA and how these may be dealt with.
Who should view?
Given the scope of the legislation, this seminar will be relevant to almost all lawyers in practice but it will be of particular importance to senior partners and practice managers who will be responsible for the appointment of Compliance Officers.
Also in the series
- Audits and Assurance
- GoAML Reporting
- Special Issues
- Meet the Regulator (this session)
Access details will be delivered via email within 15 minutes.
Barrister and Solicitor
Fiona Hall is a barrister and solicitor specialising in AML/CFT, consumer credit and privacy law. After her admission to the bar in 1987, Fiona initially practised general commercial litigation and banking law at large law firms in both Auckland and London, before moving in-house. Her in-house counsel roles covered a number of credit and credit related businesses as well as for a government regulator.
Fiona has acted as the head of compliance and both privacy and AML officer in conjunction with her legal roles. She has developed and implemented a number of AML/CFT programmes and has been a presenter at many AML/CFT conferences and fora.
As a member of the ADLS subcommittee on AML/CFT, Fiona has played an integral part in engaging with the legislators and regulators to ensure the particular challenges facing the profession are heard and understood. She is currently advising and assisting a number of law firms, big and small, to implement their AML programmes, while continuing to advise existing reporting entities as the law evolves.
AML Operations Manager
Department of Internal Affairs
Andrew Holmes is the AML Operations Manager at the Department of Internal Affairs. Andrew manages the Auckland team responsible for monitoring and ensuring compliance with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009. Andrew has been in this role since 2013. Before working at Internal Affairs he held various roles at Immigration New Zealand and was a sworn detective at the New Zealand Police.
Andrew is a Certified Anti-Money Laundering Specialist (CAMS). During 2016 and 2017 he was part of the Asia Pacific Group (APG) assessment team which completed the mutual evaluation of Macao China. In March 2018, Andrew was invited by the APG to assist with pre-mutual evaluation training to officials in Manila. Andrew holds an LLM (Hons) from the University of Auckland.
Department of Internal Affairs
Darren is the co-Director of Critical Thinking Consultancy (CTC) and operates as an independent consultant to the Department of Internal Affairs and contractor specialising in AML/CFT, intelligence, the psychology of fraud and the practical application of psychology in business and corporate environments.
During the last 18 months Darren has played key roles at the Ministry of Justice and Department of Internal Affairs developing the Phase 2 AML/CFT legislation and regulation, and in the production of the Phase 1 & 2 Sector Risk Assessments, EDD guidance, risk assessment and programme guidance and other core AML/CFT material.
Prior to this Darren led the AML/CFT team within the Reserve Bank of New Zealand. In this role he undertook national operational and policy functions (Sector Risk Assessment, onsite visits, audits, enforcement action) along with international liaison in relation to AML/CFT and financial crime.