{ "name": "wipvo.com Practice Compliance Obligations", "title": "Practice Compliance Obligations", "url": "https://wipvo.com/datasets/practice-compliance-obligations/", "csv": "https://wipvo.com/datasets/practice-compliance-obligations.csv", "markdown": "https://wipvo.com/datasets/practice-compliance-obligations/index.md", "computed_at": "2026-11-07", "license": "https://wipvo.com/terms", "headline": "The Practice Compliance Obligations carries 19 published figures read from 4 sources' own pages; the 16 published figures given by record run from 5 to 10 year, read 5 November 2026.", "quotes": [ "The Practice Compliance Obligations carries 19 published figures read from 4 sources' own pages; the 16 published figures given by record run from 5 to 10 year, read 5 November 2026.", "4 of the 6 named sources read in full publish a figure; 2 publish none, read 5 November 2026.", "Practice Compliance Obligations, record share register (shareholder names and addresses): median 10 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, record share register (shares held by class): median 10 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, record share register (share transfers): median 10 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, record shareholder meeting minutes and resolutions: median 7 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, record director and committee meeting minutes and resolutions: median 7 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, record director certificates: median 7 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, record written communications to shareholders: median 7 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, record shareholder communications available for inspection: median 10 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, record liquidation and company accounting records: median 6 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, record transaction records: median 5 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, record suspicious activity reports: median 5 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, record identity verification records (business relationship): median 5 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, record identity verification records (occasional transaction): median 5 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, record wire transfer records (business relationship): median 5 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, record wire transfer records (occasional transaction): median 5 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, record risk assessment, AML/CFT programme and audit records: median 5 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, obligation audit of risk assessment and AML/CFT programme: median 2 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, obligation cross-border cash report (inbound sent): median 72 hour across 1 source, read 5 November 2026.", "Practice Compliance Obligations, obligation cross-border cash report (inbound received): median 72 hour across 1 source, read 5 November 2026.", "Practice Compliance Obligations, obligation international funds transfer prescribed transaction report (IFT-PTR): median 1,000 NZD across 1 source, read 5 November 2026.", "Practice Compliance Obligations, obligation independent AML/CFT audit (Regulation 13, AML/CFT (Requirements and Compliance) Regulations 2011): median 3 year across 1 source, read 5 November 2026.", "Practice Compliance Obligations, obligation customer due diligence on occasional transactions: median 15,000 EUR across 1 source, read 5 November 2026.", "Practice Compliance Obligations, obligation customer due diligence on occasional transactions (high value dealers and art market participants): median 10,000 EUR across 1 source, read 5 November 2026.", "Practice Compliance Obligations, retention period 5 years: median 5 year across 1 source, read 5 November 2026." ], "citation": "\"wipvo.com Practice Compliance Obligations\", updated 2026-11-07, https://wipvo.com/datasets/practice-compliance-obligations/.", "changed_since": null, "national": { "unit": "year", "n": 19, "median": 5, "min": 2, "max": 10, "p25": 5, "p75": 7, "mean": 6.2632, "units": { "%": 1, "EUR": 3, "NZD": 1, "day": 1, "hour": 3, "year": 19 }, "published_sources": 4, "named_sources": 6, "read_sources": 6, "not_published": 2, "published_share": 0.667 }, "by_axis": { "record": { "share register (shareholder names and addresses)": { "year": { "n": 1, "median": 10, "min": 10, "max": 10, "p25": 10, "p75": 10, "mean": 10 } }, "share register (shares held by class)": { "year": { "n": 1, "median": 10, "min": 10, "max": 10, "p25": 10, "p75": 10, "mean": 10 } }, "share register (share transfers)": { "year": { "n": 1, "median": 10, "min": 10, "max": 10, "p25": 10, "p75": 10, "mean": 10 } }, "shareholder meeting minutes and resolutions": { "year": { "n": 1, "median": 7, "min": 7, "max": 7, "p25": 7, "p75": 7, "mean": 7 } }, "director and committee meeting minutes and resolutions": { "year": { "n": 1, "median": 7, "min": 7, "max": 7, "p25": 7, "p75": 7, "mean": 7 } }, "director certificates": { "year": { "n": 1, "median": 7, "min": 7, "max": 7, "p25": 7, "p75": 7, "mean": 7 } }, "written communications to shareholders": { "year": { "n": 1, "median": 7, "min": 7, "max": 7, "p25": 7, "p75": 7, "mean": 7 } }, "shareholder communications available for inspection": { "year": { "n": 1, "median": 10, "min": 10, "max": 10, "p25": 10, "p75": 10, "mean": 10 } }, "liquidation and company accounting records": { "year": { "n": 1, "median": 6, "min": 6, "max": 6, "p25": 6, "p75": 6, "mean": 6 } }, "transaction records": { "year": { "n": 1, "median": 5, "min": 5, "max": 5, "p25": 5, "p75": 5, "mean": 5 } }, "suspicious activity reports": { "year": { "n": 1, "median": 5, "min": 5, "max": 5, "p25": 5, "p75": 5, "mean": 5 } }, "identity verification records (business relationship)": { "year": { "n": 1, "median": 5, "min": 5, "max": 5, "p25": 5, "p75": 5, "mean": 5 } }, "identity verification records (occasional transaction)": { "year": { "n": 1, "median": 5, "min": 5, "max": 5, "p25": 5, "p75": 5, "mean": 5 } }, "wire transfer records (business relationship)": { "year": { "n": 1, "median": 5, "min": 5, "max": 5, "p25": 5, "p75": 5, "mean": 5 } }, "wire transfer records (occasional transaction)": { "year": { "n": 1, "median": 5, "min": 5, "max": 5, "p25": 5, "p75": 5, "mean": 5 } }, "risk assessment, AML/CFT programme and audit records": { "year": { "n": 1, "median": 5, "min": 5, "max": 5, "p25": 5, "p75": 5, "mean": 5 } } }, "obligation": { "audit of risk assessment and AML/CFT programme": { "year": { "n": 1, "median": 2, "min": 2, "max": 2, "p25": 2, "p75": 2, "mean": 2 } }, "cross-border cash report (inbound sent)": { "hour": { "n": 1, "median": 72, "min": 72, "max": 72, "p25": 72, "p75": 72, "mean": 72 } }, "cross-border cash report (inbound received)": { "hour": { "n": 1, "median": 72, "min": 72, "max": 72, "p25": 72, "p75": 72, "mean": 72 } }, "international funds transfer prescribed transaction report (IFT-PTR)": { "NZD": { "n": 1, "median": 1000, "min": 1000, "max": 1000, "p25": 1000, "p75": 1000, "mean": 1000 } }, "independent AML/CFT audit (Regulation 13, AML/CFT (Requirements and Compliance) Regulations 2011)": { "year": { "n": 1, "median": 3, "min": 3, "max": 3, "p25": 3, "p75": 3, "mean": 3 } }, "customer due diligence on occasional transactions": { "EUR": { "n": 1, "median": 15000, "min": 15000, "max": 15000, "p25": 15000, "p75": 15000, "mean": 15000 } }, "customer due diligence on occasional transactions (high value dealers and art market participants)": { "EUR": { "n": 1, "median": 10000, "min": 10000, "max": 10000, "p25": 10000, "p75": 10000, "mean": 10000 } } }, "retention period": { "5 years": { "year": { "n": 1, "median": 5, "min": 5, "max": 5, "p25": 5, "p75": 5, "mean": 5 } } } }, "rows": [ { "source": "Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (NZ)", "url": "https://www.legislation.govt.nz/act/public/2009/0035/latest/DLM2140720.html", "figure": "30 days", "value": 30, "unit": "day", "vat": null, "axis": {}, "retrieved_at": "2026-11-03", "quote": "For the purposes of paragraph (e) of the definition of designated business group in subsection (1), a condition of membership is that the contact person of a designated business group must notify the AML/CFT supervisor, in writing within 30 days, of any of the following:", "source_class": "primary-government", "text_sha256": "3bb26abb8b7751a91bd27993ab759cce46a47c7fbeea2dbfbd3cdbf7305e58b5" }, { "source": "Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (NZ)", "url": "https://www.legislation.govt.nz/act/public/2009/0035/latest/DLM2140720.html", "figure": "72 hours", "value": 72, "unit": "hour", "vat": null, "axis": {}, "retrieved_at": "2026-11-03", "quote": "in the case of unaccompanied cash or stored value instruments that the person sends out of New Zealand, at least 72 hours before the cash or stored value instruments leave New Zealand; or", "source_class": "primary-government", "text_sha256": "3bb26abb8b7751a91bd27993ab759cce46a47c7fbeea2dbfbd3cdbf7305e58b5" }, { "source": "Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (NZ)", "url": "https://www.legislation.govt.nz/act/public/2009/0035/latest/DLM2140720.html", "figure": "21 days", "value": 21, "unit": "day", "vat": null, "axis": {}, "retrieved_at": "2026-11-03", "quote": "Except as provided in subsection (4), subsection (1) does not apply unless, within 21 days after the service of the summons, or within such further time as the court may allow, the defendant has delivered to the prosecutor a written notice—", "source_class": "primary-government", "text_sha256": "3bb26abb8b7751a91bd27993ab759cce46a47c7fbeea2dbfbd3cdbf7305e58b5" }, { "source": "Department of Internal Affairs (NZ), AML/CFT FAQs for reporting entities", "url": "https://www.dia.govt.nz/AML-CFT-Frequently-Asked-Questions-for-DIA-Reporting-Entities", "figure": "25%", "value": 25, "unit": "%", "vat": null, "axis": {}, "retrieved_at": "2026-11-03", "quote": "In most circumstances, it will not be necessary to verify the identity of every unit title owner (unless one of them owns more than 25%).", "source_class": "primary-government", "text_sha256": "ba251c87ff77e6f5dd2386c1d46b086b028b7a443b9178051f9e45c1baf4465b" }, { "source": "HMRC, money laundering regulations: your responsibilities", "url": "https://www.gov.uk/guidance/money-laundering-regulations-your-responsibilities", "figure": "15,000 euros", "value": 15000, "unit": "EUR", "vat": null, "axis": {}, "retrieved_at": "2026-11-05", "quote": "Linked transactions are individual transactions of less than 15,000 euros (or 10,000 euros for high value dealers or art market participants) that have been deliberately broken down into separate, smaller transactions to avoid customer due diligence checks.", "source_class": "primary-government", "text_sha256": "ad9fd9ec27ecfcfb1f7dce78a187cdb35416fe4748c0b4372f49bc7deedfd2c8" }, { "source": "Companies Act 1993 (NZ)", "url": "https://www.legislation.govt.nz/act/public/1993/0105/latest/DLM320686.html", "figure": "10 years", "value": 10, "unit": "year", "vat": null, "axis": { "record": "share register (shareholder names and addresses)" }, "retrieved_at": "2026-11-03", "quote": "the names, alphabetically arranged, and the latest known address of each person who is, or has within the last 10 years been, a shareholder; and", "source_class": "primary-government", "text_sha256": "ba1374b0ace811efc1357cdc7d701198d1a9a7ae71ed7b699721fd53cd200bc5" }, { "source": "Companies Act 1993 (NZ)", "url": "https://www.legislation.govt.nz/act/public/1993/0105/latest/DLM320686.html", "figure": "10 years", "value": 10, "unit": "year", "vat": null, "axis": { "record": "share register (shares held by class)" }, "retrieved_at": "2026-11-03", "quote": "the number of shares of that class held by each shareholder within the last 10 years; and", "source_class": "primary-government", "text_sha256": "ba1374b0ace811efc1357cdc7d701198d1a9a7ae71ed7b699721fd53cd200bc5" }, { "source": "Companies Act 1993 (NZ)", "url": "https://www.legislation.govt.nz/act/public/1993/0105/latest/DLM320686.html", "figure": "10 years", "value": 10, "unit": "year", "vat": null, "axis": { "record": "share register (share transfers)" }, "retrieved_at": "2026-11-03", "quote": "each shareholder within the last 10 years, and in relation to the transfer, the name of the person to or from whom the shares were transferred.", "source_class": "primary-government", "text_sha256": "ba1374b0ace811efc1357cdc7d701198d1a9a7ae71ed7b699721fd53cd200bc5" }, { "source": "Companies Act 1993 (NZ)", "url": "https://www.legislation.govt.nz/act/public/1993/0105/latest/DLM320686.html", "figure": "7 years", "value": 7, "unit": "year", "vat": null, "axis": { "record": "shareholder meeting minutes and resolutions" }, "retrieved_at": "2026-11-03", "quote": "minutes of all meetings and resolutions of shareholders within the last 7 years:", "source_class": "primary-government", "text_sha256": "ba1374b0ace811efc1357cdc7d701198d1a9a7ae71ed7b699721fd53cd200bc5" }, { "source": "Companies Act 1993 (NZ)", "url": "https://www.legislation.govt.nz/act/public/1993/0105/latest/DLM320686.html", "figure": "7 years", "value": 7, "unit": "year", "vat": null, "axis": { "record": "director and committee meeting minutes and resolutions" }, "retrieved_at": "2026-11-03", "quote": "minutes of all meetings and resolutions of directors and directors’ committees within the last 7 years:", "source_class": "primary-government", "text_sha256": "ba1374b0ace811efc1357cdc7d701198d1a9a7ae71ed7b699721fd53cd200bc5" }, { "source": "Companies Act 1993 (NZ)", "url": "https://www.legislation.govt.nz/act/public/1993/0105/latest/DLM320686.html", "figure": "7 years", "value": 7, "unit": "year", "vat": null, "axis": { "record": "director certificates" }, "retrieved_at": "2026-11-03", "quote": "certificates given by directors under this Act within the last 7 years:", "source_class": "primary-government", "text_sha256": "ba1374b0ace811efc1357cdc7d701198d1a9a7ae71ed7b699721fd53cd200bc5" }, { "source": "Companies Act 1993 (NZ)", "url": "https://www.legislation.govt.nz/act/public/1993/0105/latest/DLM320686.html", "figure": "7 years", "value": 7, "unit": "year", "vat": null, "axis": { "record": "written communications to shareholders" }, "retrieved_at": "2026-11-03", "quote": "copies of all written communications to all shareholders or all holders of the same class of shares during the last 7 years, including annual reports made under section 208:", "source_class": "primary-government", "text_sha256": "ba1374b0ace811efc1357cdc7d701198d1a9a7ae71ed7b699721fd53cd200bc5" }, { "source": "Companies Act 1993 (NZ)", "url": "https://www.legislation.govt.nz/act/public/1993/0105/latest/DLM320686.html", "figure": "10 years", "value": 10, "unit": "year", "vat": null, "axis": { "record": "shareholder communications available for inspection" }, "retrieved_at": "2026-11-03", "quote": "copies of written communications to all shareholders or to all holders of a class of shares during the preceding 10 years, including annual reports, financial statements, summary financial statements (if any), and group financial statements:", "source_class": "primary-government", "text_sha256": "ba1374b0ace811efc1357cdc7d701198d1a9a7ae71ed7b699721fd53cd200bc5" }, { "source": "Companies Act 1993 (NZ)", "url": "https://www.legislation.govt.nz/act/public/1993/0105/latest/DLM320686.html", "figure": "6 years", "value": 6, "unit": "year", "vat": null, "axis": { "record": "liquidation and company accounting records" }, "retrieved_at": "2026-11-03", "quote": "keep the accounting records and other documents of the liquidation, and the records and other documents of the company, for not less than 6 years after completion of the liquidation (or any longer period specified in a notice referred to in subsection (3)).", "source_class": "primary-government", "text_sha256": "ba1374b0ace811efc1357cdc7d701198d1a9a7ae71ed7b699721fd53cd200bc5" }, { "source": "Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (NZ)", "url": "https://www.legislation.govt.nz/act/public/2009/0035/latest/DLM2140720.html", "figure": "5 years", "value": 5, "unit": "year", "vat": null, "axis": { "record": "transaction records" }, "retrieved_at": "2026-11-03", "quote": "a period of at least 5 years after the completion of that transaction; or", "source_class": "primary-government", "text_sha256": "3bb26abb8b7751a91bd27993ab759cce46a47c7fbeea2dbfbd3cdbf7305e58b5" }, { "source": "Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (NZ)", "url": "https://www.legislation.govt.nz/act/public/2009/0035/latest/DLM2140720.html", "figure": "5 years", "value": 5, "unit": "year", "vat": null, "axis": { "record": "suspicious activity reports" }, "retrieved_at": "2026-11-03", "quote": "a period of at least 5 years after the report is made; or", "source_class": "primary-government", "text_sha256": "3bb26abb8b7751a91bd27993ab759cce46a47c7fbeea2dbfbd3cdbf7305e58b5" }, { "source": "Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (NZ)", "url": "https://www.legislation.govt.nz/act/public/2009/0035/latest/DLM2140720.html", "figure": "5 years", "value": 5, "unit": "year", "vat": null, "axis": { "record": "identity verification records (business relationship)" }, "retrieved_at": "2026-11-03", "quote": "in the case of records relating to the identity and verification of the identity of a person in relation to establishing a business relationship, a period of at least 5 years after the end of that business relationship; or", "source_class": "primary-government", "text_sha256": "3bb26abb8b7751a91bd27993ab759cce46a47c7fbeea2dbfbd3cdbf7305e58b5" }, { "source": "Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (NZ)", "url": "https://www.legislation.govt.nz/act/public/2009/0035/latest/DLM2140720.html", "figure": "5 years", "value": 5, "unit": "year", "vat": null, "axis": { "record": "identity verification records (occasional transaction)" }, "retrieved_at": "2026-11-03", "quote": "in the case of records relating to the identity and verification of the identity of a person in relation to conducting an occasional transaction or activity, a period of at least 5 years after the completion of that occasional transaction or activity; or", "source_class": "primary-government", "text_sha256": "3bb26abb8b7751a91bd27993ab759cce46a47c7fbeea2dbfbd3cdbf7305e58b5" }, { "source": "Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (NZ)", "url": "https://www.legislation.govt.nz/act/public/2009/0035/latest/DLM2140720.html", "figure": "5 years", "value": 5, "unit": "year", "vat": null, "axis": { "record": "wire transfer records (business relationship)" }, "retrieved_at": "2026-11-03", "quote": "if the wire transfer is conducted by a customer with whom the reporting entity has a business relationship, a period of at least 5 years after the end of that business relationship; or", "source_class": "primary-government", "text_sha256": "3bb26abb8b7751a91bd27993ab759cce46a47c7fbeea2dbfbd3cdbf7305e58b5" }, { "source": "Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (NZ)", "url": "https://www.legislation.govt.nz/act/public/2009/0035/latest/DLM2140720.html", "figure": "5 years", "value": 5, "unit": "year", "vat": null, "axis": { "record": "wire transfer records (occasional transaction)" }, "retrieved_at": "2026-11-03", "quote": "if the wire transfer is an occasional transaction or activity, a period of at least 5 years after the completion of the wire transfer.", "source_class": "primary-government", "text_sha256": "3bb26abb8b7751a91bd27993ab759cce46a47c7fbeea2dbfbd3cdbf7305e58b5" }, { "source": "Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (NZ)", "url": "https://www.legislation.govt.nz/act/public/2009/0035/latest/DLM2140720.html", "figure": "5 years", "value": 5, "unit": "year", "vat": null, "axis": { "record": "risk assessment, AML/CFT programme and audit records" }, "retrieved_at": "2026-11-03", "quote": "The records relating to risk assessment, AML/CFT programmes, and audits must be kept for a period of at least 5 years after the date on which they ceased to be used on a regular basis.", "source_class": "primary-government", "text_sha256": "3bb26abb8b7751a91bd27993ab759cce46a47c7fbeea2dbfbd3cdbf7305e58b5" }, { "source": "Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (NZ)", "url": "https://www.legislation.govt.nz/act/public/2009/0035/latest/DLM2140720.html", "figure": "2 years", "value": 2, "unit": "year", "vat": null, "axis": { "obligation": "audit of risk assessment and AML/CFT programme" }, "retrieved_at": "2026-11-03", "quote": "A reporting entity (other than a high-value dealer) must ensure that its risk assessment and AML/CFT programme are audited every 2 years or during a different time period prescribed by rules made under section 156B, or at any other time at the request of the AML/CFT supervisor.", "source_class": "primary-government", "text_sha256": "3bb26abb8b7751a91bd27993ab759cce46a47c7fbeea2dbfbd3cdbf7305e58b5" }, { "source": "Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (NZ)", "url": "https://www.legislation.govt.nz/act/public/2009/0035/latest/DLM2140720.html", "figure": "72 hours", "value": 72, "unit": "hour", "vat": null, "axis": { "obligation": "cross-border cash report (inbound sent)" }, "retrieved_at": "2026-11-03", "quote": "in the case of unaccompanied cash or stored value instruments that the person sends from outside New Zealand, at least 72 hours before the cash or stored value instruments are received in New Zealand; or", "source_class": "primary-government", "text_sha256": "3bb26abb8b7751a91bd27993ab759cce46a47c7fbeea2dbfbd3cdbf7305e58b5" }, { "source": "Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (NZ)", "url": "https://www.legislation.govt.nz/act/public/2009/0035/latest/DLM2140720.html", "figure": "72 hours", "value": 72, "unit": "hour", "vat": null, "axis": { "obligation": "cross-border cash report (inbound received)" }, "retrieved_at": "2026-11-03", "quote": "in the case of unaccompanied cash or stored value instruments that are sent to the person from outside New Zealand, at least 72 hours before the person receives the cash or stored value instruments in New Zealand.", "source_class": "primary-government", "text_sha256": "3bb26abb8b7751a91bd27993ab759cce46a47c7fbeea2dbfbd3cdbf7305e58b5" }, { "source": "Department of Internal Affairs (NZ), AML/CFT FAQs for reporting entities", "url": "https://www.dia.govt.nz/AML-CFT-Frequently-Asked-Questions-for-DIA-Reporting-Entities", "figure": "$1,000 ", "value": 1000, "unit": "NZD", "vat": null, "axis": { "obligation": "international funds transfer prescribed transaction report (IFT-PTR)" }, "retrieved_at": "2026-11-03", "quote": "This does not exempt a DNFBP from its obligation to submit an IFT-PTR in relation to wire transfers of $1,000 or more from or into its trust account.", "source_class": "primary-government", "text_sha256": "ba251c87ff77e6f5dd2386c1d46b086b028b7a443b9178051f9e45c1baf4465b" }, { "source": "Department of Internal Affairs (NZ), AML/CFT FAQs for reporting entities", "url": "https://www.dia.govt.nz/AML-CFT-Frequently-Asked-Questions-for-DIA-Reporting-Entities", "figure": "three years", "value": 3, "unit": "year", "vat": null, "axis": { "obligation": "independent AML/CFT audit (Regulation 13, AML/CFT (Requirements and Compliance) Regulations 2011)" }, "retrieved_at": "2026-11-03", "quote": "Regulation 13 of the AML/CFT (Requirements and Compliance) Regulations 2011 requires that an independent audit is conducted every three years, unless you are notified by your AML/CFT supervisor that a four-year timeframe applies, or at any other time at the request of your AML/CFT supervisor.", "source_class": "primary-government", "text_sha256": "ba251c87ff77e6f5dd2386c1d46b086b028b7a443b9178051f9e45c1baf4465b" }, { "source": "HMRC, money laundering regulations: your responsibilities", "url": "https://www.gov.uk/guidance/money-laundering-regulations-your-responsibilities", "figure": "15,000 euros", "value": 15000, "unit": "EUR", "vat": null, "axis": { "obligation": "customer due diligence on occasional transactions" }, "retrieved_at": "2026-11-05", "quote": "15,000 euros or more (or the equivalent in other currencies) if you’re not a high value dealer or art market participant", "source_class": "primary-government", "text_sha256": "ad9fd9ec27ecfcfb1f7dce78a187cdb35416fe4748c0b4372f49bc7deedfd2c8" }, { "source": "HMRC, money laundering regulations: your responsibilities", "url": "https://www.gov.uk/guidance/money-laundering-regulations-your-responsibilities", "figure": "10,000 euros", "value": 10000, "unit": "EUR", "vat": null, "axis": { "obligation": "customer due diligence on occasional transactions (high value dealers and art market participants)" }, "retrieved_at": "2026-11-05", "quote": "10,000 euros or more (or the equivalent in other currencies) if you’re a high value dealer or art market participant", "source_class": "primary-government", "text_sha256": "ad9fd9ec27ecfcfb1f7dce78a187cdb35416fe4748c0b4372f49bc7deedfd2c8" }, { "source": "HMRC, money laundering regulations: your responsibilities", "url": "https://www.gov.uk/guidance/money-laundering-regulations-your-responsibilities", "figure": "5 years", "value": 5, "unit": "year", "vat": null, "axis": { "retention period": "5 years" }, "retrieved_at": "2026-11-05", "quote": "You must keep your records for 5 years beginning from:", "source_class": "primary-government", "text_sha256": "ad9fd9ec27ecfcfb1f7dce78a187cdb35416fe4748c0b4372f49bc7deedfd2c8" } ], "not_published": [ { "source": "Department of Internal Affairs (NZ), AML/CFT information for accountants", "url": "https://www.dia.govt.nz/AML-CFT-Information-for-Accountants", "retrieved_at": "2026-11-03", "reason": "every candidate on the page was refused" }, { "source": "Money Laundering Regulations 2017 (UK)", "url": "https://www.legislation.gov.uk/uksi/2017/692/contents", "retrieved_at": "2026-11-07", "reason": "read in full and no accepted figure on the page" } ], "sources": [ { "url": "https://www.dia.govt.nz/AML-CFT-Information-for-Accountants", "label": "Department of Internal Affairs (NZ), AML/CFT information for accountants", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.dia.govt.nz/AML-CFT-Frequently-Asked-Questions-for-DIA-Reporting-Entities", "label": "Department of Internal Affairs (NZ), AML/CFT FAQs for reporting entities", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.legislation.govt.nz/act/public/2009/0035/latest/DLM2140720.html", "label": "Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (NZ)", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.legislation.govt.nz/act/public/1993/0105/latest/DLM320686.html", "label": "Companies Act 1993 (NZ)", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.legislation.gov.uk/uksi/2017/692/contents", "label": "Money Laundering Regulations 2017 (UK)", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.gov.uk/guidance/money-laundering-regulations-your-responsibilities", "label": "HMRC, money laundering regulations: your responsibilities", "license": "the publisher's own terms; quoted for reporting and comment" } ], "methodology": "Every row is a verbatim sentence read from the named source's own page through our fetch service on the date shown, hash-pinned to the stored read (the sha of the page's visible text; the raw page is mirrored to R2). 4 of the 6 named sources that could be read published a usable figure; 2 published none and are recorded as not published, never filled in; 0 could not be read (blocked, dead or unreachable) and count nowhere. The headline figures (median, minimum, maximum, quartiles) are over ONE figure per source for each breakdown it prices, in year (a source's median where its page yielded several accepted sentences for one breakdown), so a page that gives figures for several breakdowns gives one for each and N counts 19 figures, never sentences; 178 candidate sentence(s) were refused by a reviewer with the reason recorded. The fuller derivation this dataset is chartered to grow into (not yet what the figures above are; they are each source's own published figure as read): one row per obligation per jurisdiction holding the duty, the record it creates, the retention period in years and the supervisor who checks it - and the derivation that turns compliance into a software requirement: the FIELD SET a practice system must carry to evidence each duty (the customer risk rating and its review date, the due-diligence evidence and when it was taken, the beneficial-owner record, the suspicious-activity report reference, the training log), scored against what each vendor in the price index actually provides. The regulators publish the duty and the vendors publish the features; nobody publishes the mapping, and it is the mapping that decides whether a cheap system is actually usable by a supervised firm", "embed": "

5 to 10 year

16 of 19 published figures (record), Practice Compliance Obligations, across 4 sources, read 5 November 2026

Source: wipvo.com Practice Compliance Obligations
" }