A significant change in anti-competitive cartel law is almost upon us, after a decade’s worth of debate, policy U-turns, and delayed implementation. --This article was originally published in the Auckland District Law Society weekly publication LawNews on 19 March 2021.
As 2020 slides mercifully into the rear-view mirror, this article glances back at some anti-corruption trends evident this year, and sneaks a look at likely developments to come (including better whistleblower protections) in 2021. Around the world, multiple nations have
Gary Hughes was interviewed by Nathan Lynch at Thomson Reuters about the Reserve Bank's investigation into TSB Bank. This article originally appeared on the Thomson Reuter's website here. To download a printable version of the article, click here. The content
Despite every crazy scenario 2020 has thrown up, NZ’s biggest AML and Financial Crime conference event powers ahead. The New Zealand Police Financial Intelligence Unit (FIU) together with ACAMS (Association of Certified Anti-Money Laundering Specialists) organises this major conference at
New Zealand finally has new upgraded privacy and data protection laws, in the shape of the Privacy Act 2020. This arrives at a time when local and overseas firms are experiencing more cybercrime attacks every day and the risks of
Anti-Money Laundering (AML) enforcement has been steadily ramping up in New Zealand. The 5th major High Court enforcement case moved to a conclusion recently, and it confirms an increasing trend to keep individuals on a sharp hook for compliance failings.
Next year will see an important statutory review of the Anti-Money Laundering & Countering Financing of Terrorism Act 2009 take place. It is crucial that issues like the most efficient form of regulatory framework should be on the table for debate. There are currently
In the first week of June 2020, Gary joined more than 80 financial crime compliance experts at the ground-breaking ACAMS24+ Global Virtual Summit online. Possibly the most ambitious ‘webinar’ yet attempted while many nations were under Covid-19 lockdown conditions, experts from
While we are in state of emergency lock-down, the main concerns are for public health and maintenance of law & order, and how to brace for the recession bearing down. But any slice of positive news in crazy times is
A State of Emergency and public law New Zealand’s government has (like many around the world) sailed into uncharted waters since the end of March 2020, when a national state of emergency was declared to deal with the coronavirus. Unfamiliar authoritarian