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1 Nov 2025 6:57
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      Home > News > Business

    An Auckland-based company has been failing to meet its Anti-Money Laundering and Countering Financing of Terrorism obligations

    An Auckland-based company has been failing to meet its Anti-Money Laundering and Countering Financing of Terrorism obligations

    31 October 2025
    The Department of Internal Affairs has accepted an enforceable undertaking from Lexington Trust Services Limited.

    In July 2023, a review found Lexington had not set up, followed, or maintained a compliant Anti-Money Laundering and Countering Financing of Terrorism programme.

    It also failed to report suspicious activity, as required by law.

    The company is NOT alleged to have been involved in money laundering or the financing of terrorism.

    © 2025 Newstalk ZB, NZCity


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     Today's News

    		 Rugby League:
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     International:
    What happens to Prince Andrew's children? Princess Beatrice and Eugenie to keep their titles 22:27

     Business:
    A Whangarei telco company has lost its trademark court battle with Uber 21:57

     Accident and Emergency:
    A person's died after a car went into a river in the small Waikato town of Whatawhata 21:17

     International:
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     Health & Safety:
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     Law and Order:
    Health New Zealand has released footage of a fire that broke out in the Whangarei Hospital car park last week to quell speculation 18:37

     Law and Order:
    Three men have been arrested after allegedly attacking two people in Westport in one night 18:07

     Rugby:
    Three changes to the All Blacks' run-on side from their last outing in Perth, to face Ireland on Sunday morning in Chicago 17:27

     International:
    Prince Andrew stripped of title by King Charles and told to leave Royal Lodge 17:17

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