Financial Intelligence Unit
The FIU, based at Police National Headquarters Wellington, helps with the detection and investigation of money laundering, terrorist financing and other serious offences. It collects and analyses information about suspicious financial activity supplied by reporting entities and other information sources. The results are shared and used to help all government agencies that have a law enforcement role, financial sector supervisors and other domestic and international partner agencies.
For more information see Financial Intelligence Unit.
Asset Recovery Units (ARUs)
ARUs are located in four regional centres; Auckland, Hamilton, Wellington, and Christchurch. They were established to implement the Criminal Proceeds (Recovery) Act 2009 (CPRA), which came into effect in December 2009. This legislation allows for the restraint and forfeiture of assets acquired or derived from the proceeds of crime using only the civil standard of proof i.e. on balance of probabilities, as opposed to the criminal threshold of ‘beyond reasonable doubt’. It also provides for the restraint and forfeiture of assets used during the commission of crime.
The intention of the CPRA is to disrupt, deter, and derail crime, especially in the areas of organised crime and methamphetamine offending. This is achieved by denying criminals the opportunity to either enjoy the benefits of offending or to reinvest those proceeds in further criminal activity. Cases are investigated using complex forensic accountancy and financial analysis processes, undertaken as part of a whole-of-government approach that includes other agencies such as Customs, the Serious Fraud Office, and the Inland Revenue. The ARUs also collaborate with overseas law enforcement agencies and provide advice on matters relating to proceeds of crime policy and legislation.