On 18 August 2025, REINZ filed submissions on Anti-Money Laundering and Countering Financing of Terrorism (Supervisor, Levy, and Other Matters) Amendment Bill. In our letter, we explain why we believe the real estate sector should be excluded from liability to pay the levy. We have also provided detailed feedback on the proposed new levy framework. We would like to thank our AML Working Group for their continued support and contributions to the AML/CFT reform process. Your feedback is invaluable as REINZ continues to advocate for proportionate and practical compliance obligations for the real estate sector.