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flag New Zealand supports new FATF anti-money laundering standards, simplifying rules for low-risk businesses.

flag New Zealand's Associate Justice Minister, Nicole McKee, supports new international anti-money laundering standards adopted by the Financial Action Taskforce (FATF). flag These changes allow for simpler regulations for low-risk businesses and sectors, aiming to target organized crime while easing regulatory burdens. flag The reforms are part of a broader effort to enhance New Zealand's anti-money laundering and counter-terrorism financing regime's effectiveness and efficiency.

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