Jin Yuan Finance (described in the NZ press as "an Auckland-based foreign exchange trader") has been warned over its lack of anti-money laundering processes.
- Warning from New Zealand's Department of Internal Affairs, issued July 7
- Statement from the Department re the firm "failing to conduct customer due diligence, adequately monitor accounts and transactions, keep adequate records, have an anti-money laundering programme, or ensure its branches met the legislation, the DIA said in a statement"
