Changes to anti-money laundering laws to ease bank account opening

Monday 7 July 2025 · 2 outlets · 2 reports · updated Mon 7 Jul 2025, 3:07pm

In this story David Seymour, John Key, Nicole McKee

Acting Prime Minister David Seymour and Associate Justice Minister Nicole McKee announced reforms to anti-money laundering regulations on Monday. The changes will allow parents to open bank accounts for their children using only a birth certificate.

How they headlined it

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1. NZ HeraldMon 7 Jul 2025, 2:30pm

   Watch live: David Seymour fronts media after former PM calls Regulatory Standards Bill ‘strangest piece of New Zealand legislation’ (opens in new tab)

2. RNZMon 7 Jul 2025, 3:07pm

   Watch: Acting Prime Minister David Seymour on changes to anti-money laundering act (opens in new tab)