A New Zealand tech company which helps lawyers, accountants and real estate agents avoid unwittingly laundering money for criminals has raised $8 million from US funders. First AML has won backing from US-based Bedrock Capital, with support from Pushpay founder Chris Heaslip and Icehouse Ventures. “The company has built a unique technology solution that is upending profoundly antiquated AML compliance processes,” Lewis said. Washington (AFP) - Europe's five leading economies called Thursday for a crackdown on tax havens, urging the G20 powers to end the secrecy of shell companies that enables tax evasion and money laundering. The company was looking to hire 10 new staff in Sydney, and had 40 employees based in Auckland, Cooper said.

Source: Stuff September 16, 2020 03:00 UTC