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New Zealand Anti Money Laundering Compliance Officer (NZAMLCO)

Why should I take the NZAMLCO course?

A strong foundational understanding of a reporting entity's obligations under the AML/CFT Act is essential in today’s market. Non-compliance is bad business – it can result in significant penalties and regulatory action.

A lack of understanding of the Act and obligations can also lead to firms undertaking high compliance costs. This course will develop your confidence and give you the tools and knowledge to comply effectively with the AML/CFT Act within the scope of your own business.

What is different about this course?

Currently there are no institutions providing comprehensive AML/CFT courses in New Zealand. Some overseas based organisations are providing AML/CFT courses – but these are not tailored to New Zealand legislation or our regulatory environment. Other organisations providing New Zealand based AML/CFT training are largely brief, often limited to two-day sessions.

Massey University and Maxima’s joint micro-credit course is developed to fill this gap. It will cover all AML/CFT Act Phase 1 and 2 entities, such as financial institutions, casinos, law firms, real estate agents and accountants. Reporting entities finally have the opportunity to access comprehensive, expertdeveloped AML/CFT training that will practically help them in New Zealand.

Who will benefit from this course?

Any business that is a reporting entity under Phase 1 and 2 of the AML/CFT Act will benefit from this course. From owner-operated financial advisers to large law firms – any senior manager or staff member with AML/CFT Act related duties will be interested in what this course offers. This course will also benefit people who are interested in a career in AML/CFT Act compliance in New Zealand.

Who is developing this course?

Course content has been developed by Maxima and Massey University. Maxima’s partners Compliance Plus and Dynamique have the expertise and experience in AML/CFT compliance and technical financial CPD, research and data rich knowledge that provides this course its point of difference.

Certificate

When you successfully complete the course, you will be provided with a Massey University | Maxima AML/CFT Micro-credit Certificate. This can be used towards your professional body on-going CPD requirement, and for your current and future employer. It will demonstrate a skillset developed by a leading tertiary institution.

Timeframe

The micro-credit requires 50 hours of allocated learning time to complete.
You have six months in which to complete the programme.

Mode of Delivery

Massey’s online web learning management system delivers the course directly to your device.
It will be available 24/7 throughout the six month learning period.

CPD

The course offers CPD 15 points.

Start date

The course can be started at anytime. On payment of the registration fee, access details will be provided.

Cost

NZ$2500 +GST
Customised packages are available for firms enrolling 4 or more candidates.

Registrations

If an invoice is  required for the registration, please complete the course enrolment form, otherwise select register below for online registration and payment.

Register>


Contact us

Dr Pushpa Wood (ONZM), 
Fin-Ed Centre Director
Phone +64 4 979 3560


Mobile 021 755 813
Email fin-ed@massey.ac.nz

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