anti money laundering, etc. 

Selwyn Property Law, as with all other law firms in New Zealand, works within the Anti Money Laundering and Countering Financing of Terrorism legislative regime. This regime started with institutions such as banks and is progressively extending to incorporate lawyers, accountants, and real estate agents.  

The legislation is premised on the radical concepts a) that taxable income and assets should be taxed for the betterment of the social systems and societies from which the wealth has been accumulated and b) that leaving vectors open by which terrorist organisations can better resource themselves and be more efficacious in achieving their terroristic objectives is not in the social interest. 

We are legislatively required to ensure we know who you are and to satisfy ourselves that you are not exploiting a legal transaction to launder money or fund a terrorist organisation. 

Usually we will need to identify you by name, date of birth, and address using original official documents. If you want us to work for a company, trust, or other entity there will be more extensive confirmations required, potentially including source-of-funds. We will detail what we need from you before we begin our work. If you cannot provide the necessary documentation to identify yourself to the standard required we are prohibited from working for you.