DIA has recently published a super helpful guide called ‘Terrorism Financing Risk Summary’. All reporting entities should read this key guide as part of reviewing and updating their risk assessment and AML/CFT programme. It will help reporting entities better understand:

• What is financing of terrorism and how does it compare to money laundering

• How do terrorists gain funds

• What are the risks of terrorism financing in New Zealand

• What are your key AML/CFT requirements 

• Terrorism financing red flags.