Anti-Money Laundering and
Countering the Financing of Terrorism

Submissions on the second discussion document regarding new anti-money laundering proposals

UBS New Zealand Limited

From:  <Paul-J.Norris@ubs.com> on behalf of Paul-J.Norris@ubs.com
Sent: Tuesday, August 01, 2006 2:07 PM
To: fatfiwg
Subject: Second Discussion Document

FAO - Cindy O'Brien

Cindy

UBS New Zealand wishes to advise that we will not be making a separate submission to the FATF Inter-Agency Working Group on the issues raised in the second discussion document. UBS New Zealand is a member of the Securities Industry Association (SIA) and on reviewing the submission prepared by the SIA we believe that our views are best represented at an industry level.

Regards

Paul Norris
Director, Compliance

UBS New Zealand Ltd
Level 17, PriceWaterhouseCooper's Tower
188 Quay Street
Auckland 1001
New Zealand

Office +64 9 913 4809
Mobile: +6421 765626
E-mail: Paul-J.Norris@ubs.com