Money Laundering Bulletin
CLSAP to pay NZ$770,000 for CDD, SARs, records breaches
Derivatives issuer CLSA Premium New Zealand Ltd, formerlyKVB Kunlun, will pay NZ$770,000 (US$548,000) for failings under the
Anti-MoneyLaundering and Countering Financing of Terrorism Act after the FinancialMarkets Authority filed proceedings in the
Auckland High Court in June 2020. [1]