Has anyone given thought to how the Anti Money Laundering Act and Amendment 2017 will impact the industry. The NZRB has about 12 months to comply with the legislation that specifically targets the racing industry.
I find it amazing that a sale can go through without any paper work. How is this not condoning corruption. The NZTR and NZRB are so far behind with regulations that if one thinks about it, it becomes embarrassing. Why is it that a lease holder is recorded as an owner? Does anyone care?