# Global AML and CFT regulatory updates > Live situation record from CLSTR: https://clstr.news/situations/global-aml-and-cft-regulatory-updates > Updated: 2026-09-18T13:34:07.000Z. Sources: 5. Developments: 2. New anti-money laundering (AML) and countering financing of terrorism (CFT) regulations are being implemented in New Zealand and the European Union. In New Zealand, the real estate sector will face a new tiered AML/CFT levy starting in the 2027 financial year. The Real Estate Institute of New Zealand (REINZ) noted that the structure includes exemptions for entities with less than $10 million in settled transactions to avoid placing an “unreasonable burden on smaller agencies”. In the European Union, Regulation (EU) 2024/1624 will introduce a uniform €10,000 limit for cash payments in business transactions, effective July 10, 2027. This regulation also expands due diligence requirements for banks, requiring identity verification for occasional cash transactions starting at €3,000 and mandatory reporting to national Financial Intelligence Units for cash deposits of €10,000 or more. While the €10,000 limit serves as a Union-wide maximum, individual member states may maintain stricter thresholds, such as in Spain where certain cash transactions are limited to €1,000. In Austria, where cash still accounts for 55 percent of transactions, banks currently investigate unusually high amounts, often using a €15,000 threshold under existing laws. ## Timeline ### 2026-09-18: EU anti-money laundering rules to tighten cash controls by 2027 New EU anti-money laundering rules effective July 2027 will mandate stricter identity checks for cash transactions over 3,000 euros and reporting for deposits exceeding 10,000 euros. 3 sources. https://clstr.news/cluster/eu-anti-money-laundering-rules-to-tighten-cash-controls-by-2027 ### 2026-09-17: New AML/CFT regulations introduced in New Zealand and the EU New AML/CFT regulations are taking effect, including a tiered real estate levy in New Zealand and a €10,000 EU-wide cap on large cash payments starting in July 2027. 2 sources. https://clstr.news/cluster/new-amlcft-regulations-introduced-in-new-zealand-and-the-eu --- Cite as: Global AML and CFT regulatory updates. CLSTR, https://clstr.news/situations/global-aml-and-cft-regulatory-updates