Articles

Opportunities and Challenges for Ethical Leadership

14 July 2018

New Zealand may consistently score first on Transparency International’s annual Corruption Perception Index, but it should not be complacent and could still aim higher. So said Professor Karin Lasthuizen in her inaugural public lecture at Victoria University of Wellington’s Brian Picot Chair in Ethical Leadership.

“There are new risks to our integrity that we should not be naïve about,” Lasthuizen told her audience at Victoria Business School,

Suzanne Snively ONZM Chair Transparency International New Zealand

From the Chair

14 July 2018

Over recent years, Transparency International New Zealand (TINZ) has become increasingly knowledgeable about the nature of transparency in the public, private and NGO sectors. TINZ newsletter articles have described how transparency and accountability strengthen integrity systems with real-time examples of how this works to prevent bribery, corruption and fraud while improving outcomes for people, business and communities.

TINZ has made many recommendations about ways to further improve transparency,

The importance of culture with AML/CFT Phase 2

14 July 2018

Nicholas Gilmour

Financial crime consultant

Guest author

Nicholas was involved in the development of the ‘Phase 2’ legislation as a member of the New Zealand Police Financial Intelligence Unit.

New Zealand is adopting new money laundering and terrorist financing preventative measures. The Phase 2 implementation programme – which extends existing Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) legislation – introduces new reporting entities into a compliance regime.

Proposed transparency of beneficial ownership

14 July 2018

Consumer Affairs Minister, Kris Faafoi, is working on law changes aimed at cracking down on overseas criminals potentially misusing companies in New Zealand.

According to Minister Faafoi, the goal is to curb money-laundering and the ability of overseas based criminals to use New Zealand’s well-regarded companies register to conceal some of their business. “Certainly we’re cracking down on beneficial ownership and figuring out who the beneficial owners are of companies that are registered here in New Zealand…

Transparency International re-accredits TINZ for three years

10 July 2018

by Stephanie Hopkins
TINZ Manager, Operations

Editors Note: Stephanie in her role as TINZ Operations Manager was instrumental in marshalling TINZ’s accreditation through the process. We thank her for her hard work.

TINZ Accreditation

Starting late last year, Transparency International NZ (TINZ) underwent its three-yearly review process. We are pleased to report that we continue to be a fully accredited chapter.