Practical AML/CFT insights and guidance for New Zealand reporting entities.
Grounded in practical AML/CFT work with New Zealand reporting entities.
Understanding regulatory developments, supervisory expectations and enforcement trends — and how they apply in practice.
Explore Insights, regulatory updates and practical guidance.
About the Author
AML Space is an independent platform developed by Elaine Ramsay, an AML/CFT consultant based in Christchurch, New Zealand.
The site provides practical insights and resources to help law firms and other reporting entities understand supervisory expectations and apply AML/CFT obligations in practice.
Elaine began working with AML/CFT implementation in 2018 when Phase 2 reporting entities first entered the regime, where she built the AML framework within a law firm from the ground up. This included developing the firm’s risk assessment and compliance programme and operationalising the AML/CFT framework in practice, including the day-to-day application of customer due diligence requirements.
That experience provided a practical understanding of how AML/CFT obligations operate within legal practice and the challenges reporting entities face in implementing them. The perspective behind AML Space is therefore grounded in real operational experience, translating regulatory developments, supervisory expectations and enforcement trends into practical insight that reporting entities can apply in their day-to-day compliance work.
