Articles tagged with Reforms
Major Fisheries Reforms for Sustainable Growth: Minister Shane Jones Unveils Game-Changing Changes
2 hours ago | 27 viewsThe Government is implementing significant fisheries reforms to support sustainable growth in the fishing industry, aiming to remove obstacles and enhance decision-making for setting catch limits. The reforms include more responsive rules based on changes in fish abundance, improved privacy protection for fishers through changes in the onboard camera program, and practical guidelines for landing or discarding catch. These changes align with the goal of fostering a thriving and sustainable fishing industry, with an amendment Bill to be introduced for further feedback through the select committee process.
Tags: Shane Jones Fisheries Act reforms sustainable growth fishing industry catch limits fisheries management onboard cameras Official Information Act MPI.New Zealand to Reform AML/CFT Laws for Small Businesses: Minister McKee Announces Overhaul
3 weeks ago | 199 viewsAssociate Justice Minister Nicole McKee says that small businesses will benefit from upcoming reforms to New Zealand’s Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) laws, as the Government moves to make compliance more proportionate and practical for low-risk operators. Associate Justice Minister Nicole McKee has announced Cabinet’s approval to draft a new Anti-Money Laundering and Countering Financing of Terrorism (Omnibus) Amendment Bill to overhaul the existing system. Under current rules, even small businesses and professionals, such as real estate agents, face complex and time-consuming checks, often regardless of how much risk they face,” Mrs McKee says.
Tags: Nicole McKee Justice Minister small businesses reforms compliance customer due diligence real estate agents simplified checksSimplified Process: New Reforms Make Opening Bank Accounts for Children Easier
4 weeks ago | 477 viewsAssociate Justice Minister Nicole McKee is making changes to the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act that will make it easier for parents to open bank accounts for their children. “Opening a bank account for children should be a simple and positive step toward teaching them the value of saving. Unfortunately, regulations designed to prevent serious crimes can make the process unnecessarily difficult,” says Mrs McKee.
Tags: Nicole McKee Minister bank accounts children regulations reforms banks New Zealanders red tape