REA signed a Memorandum of Understanding with the DIA
20 March 2026
On Friday 20 March 2026, REA signed a Memorandum of Understanding with the Department of Internal Affairs (NZ) (DIA) to support effective regulation of the real estate sector under the Anti Money Laundering and Countering Financing of Terrorism Act (AML/CFT Act).
The MOU sets expectations for REA and DIA working efficiently and effectively together under the powers conferred by the AML/CFT Act. It reinforces obligations real estate licensees have under the REA Code of Conduct to have a sound knowledge of legislation relevant to real estate agency work. It also recognises the important role the real estate sector plays with regard to AML/CFT in protecting consumers and communities.
We look forward to working with DIA on our shared goals of raising professional conduct, consumer protection and compliance with the law.
Please see the link to the Memorandum of Understanding [PDF, 2.6 MB]
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