AML/CTF Law Reform

Developing a Model Legal Framework for the Pacific

 

Lexbridge is pleased to be assisting Pacific Islands Countries in their efforts to combat money laundering linked to corruption and organised crime. Our firm is leading the development of a model anti-money laundering (AML) and criminal asset confiscation framework whose aim is to reflect best practice legal standards and be available for customisation and implementation by Pacific countries. 
 

The Model Legal Framework will include a suite of AML offences, proceeds of crime and asset confiscation provisions, non-conviction-based proceeds of crime asset confiscation and forfeiture powers and asset management provisions, international cooperation provisions, and complementary provisions for the protection of due process rights and innocent property interests. 
 

The Model Legal Framework enables adopting countries to not only meet their existing treaty obligations but also implement best practice standards such as those advocated by the Financial Action Task Force (FATF) and its recommendations setting out comprehensive measures to combat money laundering and terrorist financing. A key feature of the Model Legal Framework is the introduction of a NCB POC asset confiscation and forfeiture regime, particularly important in transnational crime cases.
 

Lexbridge is also developing an accompanying suite of implementation materials, aimed at facilitating the passage of legislative reform and effective implementation across partner governments. This package will also include training and guidance materials to be delivered to jurisdictions that adopt the Model Legal Framework.
 

The design of the Model Legal Framework builds on an extensive program of consultation with stakeholders across the Pacific region, conducted in 2023 with support from the American Bar Association Rule of Law Initiative. The Lexbridge team is already working with the Cook Islands on the implementation of a legislative reform package using the Model Legal Framework and tailored to the policy settings of that jurisdiction. 
 

Lexbridge is excited to continue to work with successive adopting countries across the region to deliver AML reform. If adopted and implemented by Pacific Island Countries, the Model Legal Framework would represent the most significant advancement in the Pacific Region to combat serious and organised crime, particularly financial crime, for the past 20 years. A consistent regional framework provides a strong basis for regional cooperation and improved interoperability, particularly through the use of regional networks, the provision of training, and the development of resources and delivery of mentoring assistance.  

 

The consultation draft of the Criminal Asset Confiscation (Model) Legal Framework Act (2026) is available for review and this forms part of a larger package of recommended law reform that represents the Model Legal Framework. For more information or a copy of the consultation document, please contact us at modellaw@lexbridgelawyers.com