How new Anti Money Laundering (AML) legislation affects our clients

New  Zealand has passed a law called the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (“the AML/CFT law” for short). The purpose of the law reflects New Zealand’s commitment to the international initiative to counter the impact that criminal activity has on people and economies within the global community. Why we need to ask you for information Recent changes to the AML/CFT Act mean that from 1 July 2018 lawyers must comply with its requirements. Lawyers must do a […]

Unfair Contract Terms Guidelines

The Fair Trading Act 1986 has been amended with new provisions that apply to standard form consumer contracts entered into (or renewed or varied) on and from 17 March 2015. A standard form consumer contract is one which relates to goods or services supplied in trade that are of a kind ordinarily acquired for personal, domestic or household use or consumption on terms that are not subject to effective negotiation between the parties.  This will apply in many situations including, […]