The Department of Internal Affairs has published updated Enhanced Customer Due Diligence guidance, including content on reduced verification requirements for trusts and on determining whether a person is a politically exposed person under a risk-based approach.
Department of Internal Affairs2026-06-05
Department of Internal Affairs updates enhanced customer due diligence guidance on trusts and politically exposed persons
The Department of Internal Affairs has published updated Enhanced Customer Due Diligence guidance. The update covers reduced verification requirements for trusts and clarifies how to determine whether a person is a politically exposed person under a risk-based approach.