In this update….
- Welly Tech: Drink or Drive, but you gotta Dunk! – Did we catch you on film?
- Tax Agents: Talking to ATAINZ – Watch our informative presentation.
- Real Estate Agents: AML is coming 1st Jan – Find out more.
- Media & Events: Get up to date – Read our press & find out what 2Shakes has been up to.
- 2Shakes is going South: We are going to Nelson. Come, meet us, ask questions.
WellyTech is an end of year celebration of all the technology that comes from the Wellington region in NZ from Access Granted. This years WellyTech was the biggest yet and was held at Westpac Stadium. 2Shakes had a stand between BossPac and Whare Hauora.
FIGURE: Taking a shot – slam dunking forms.
In keeping with the fair ground theme, we had a Drink OR Drive competition, involving Dunking your paper forms (a subject very close to our hearts). You could win either a bottle of champagne (drink) or a Star Wars Drone (drive). But NOT both!
FIGURE: Welly Tech was well attended by members from Star Wars empire, all hoping to win the 2Shakes Star Wars drone!
We filmed a time lapse video of the whole night. Check it out and see if you can spot yourself taking a shot!
Dylan was the lucky winner of the Drone and Dr Will Koning won the Champagne. We caught up with Will who works for Kantar as the Chief Data Officer supporting Kantar’s operating brands Colmar Brunton and Kantar TNS. Will helps his clients get the full value from their data by turning data into insights that drive growth, cut costs and improve outcomes. Nice!
2Shakes with AML
…for Tax Agents
2Shakes is onboarding software that helps financial professionals sign up clients, get authority to act, perform AML customer due diligence and use blockchain security for their client agreements. We presented on our AML extensions to members of the Accountants & Tax Agents Institute of NZ in Palmerston North. Watch our informative presentation here.
2Shakes had a fantastic time in Christchurch this November talking with lovely bookkeepers.
FIGURE: Mike takes a selfie at the Christchurch meet up for NZ Bookkeepers Association (ICBNZBAI).
AML/CFT phase 2 for accountants came in October. We have had a large uptake of accountants using 2Shakes to onboard and do AML CDD checks.
FIGURE: Ata talking in Tauranga to accountants from Chartered Accountants Australia & NZ (CAANZ).
…for Real Estate Agents
Real Estate Agents need to comply with AML from January 2019. This means that Real Estate Agents need to have completed AML Customer Due Diligence (CDD) checks on their customers before they can sign their agency agreement (listing authority). The CDD checks must be completed on all the owners of the property or a properly authorized signatory (for example, a solicitor or family member with power of attorney). If the customer is a company, trust or other legal entity then CDD checks are needed for beneficial owners too.
2Shakes are working with Real Estate Agents. We help by providing clever NZBN integrations with Companies Office to help identify beneficial owners. 2Shakes does electronic identity verification as well. Our cloud onboarding software lets Real Estate Agents securely store all the CDD & risk assessment records so that they can produce reports and statistics for audits and annual reporting. With the first of January coming we are seeing more real estate agents find 2Shakes, mostly by referral. If you know any real estate agents we would appreciate it if you can let them know about 2Shakes so we can help them too.
Media & Events
- Digital Identity – Lightning Lab GovTech: 2Shakes were proud to have helped with the Digital Identity project as part of Lightning Lab GovTech. Find out about SuperSmooth and the other 12 innovative public sector projects and watch their pitch videos from The Embassy in Wellington during the November Demo Day here.
FIGURE: The Lightning Lab Cohort for 2018 – top marks if you can spot Ata (to the lower right hand side of Sally in the Green top).
- High Tech Awards: 2Shakes attended the Wellington launch event of the NZ High Tech Awards. 2Shakes learned A LOT from Linda Jenkinson and the panel who were very inspiring.
- Special Children’s Christmas party: 2Shakes was really happy to sponsor the Special Children’s Christmas Party in Porirua. It was a great day out.
- 2Shakes in Scoop: Scoop featured a news article on 2Shakes’ Anti Money Laundering (AML) extensions https://buff.ly/2Ef1cNu
- 2Shakes in Japan Breaking News: 2Shakes’ AML extensions are making the news in Japan!
- 2Shakes featured by Callaghan: 2Shakes were featured as a case study in Callaghan Innovation’s report on Distributed ledgers and blockchains.
Going South – Will we see you here?
2Shakes are heading to the top of the South Island early next year.
NZ Bookkeepers (ICBNZBAI)
2Shakes will talk to members from the Institute of Certified NZ Bookkeepers in Nelson in March. If you are a member in the top of the South Island please come along – we’d love to see you there. We will be talking about how to streamline your onboarding process, get clients set up and all things AML CDD.
Accountants & Tax Agents (ATAINZ)
2Shakes have a booth at the ATAINZ (Accountants and Tax Agents Institute of NZ) annual conference in Nelson. If you are a tax agent, then now is an excellent time to sort out your client onboarding, engagement letter, terms and conditions, services fees and AML Customer Due Diligence. With 2Shakes you can sign up clients quickly and easily – all online.
Work with 2Shakes. Grow your customer base. Make 2019 your best year yet!
AML for the Accounting Sector – It’s here!
This means if you are managing client funds or give instructions on transactions in relation to a legal entity (such as a company) you are an AML reporting entity. You must complete Customer Due Diligence (CDD) on all new customers before you can provide in scope services. Other activities are in scope too. Please review page 8 of DIA’s Accounting Sector Guideance and DIA’s Bookkeepers explanatory note for more details.
As well as any new customers, DIA also recommends Read More
2Shakes loves Bookkeepcon. The support of this amazing professional body is where it all started for us. This year 2Shakes presented on AML/CFT along with the Department of Internal Affairs (DIA). In the pressure to deliver, while Ata was explaining that AML was about protecting NZs economy and reputation, she got a bit excited and told everyone that when it came to AML Phase 2 they needed to…
“….just suck it up and go with it….”
We have now launched our Anti Money Laundering (AML/CFT) extensions into production – yay! 2Shakes have extended our onboarding software to help you comply with AML/CFT legislation. Want to find out more? Take a look at what Sue Pak from Xero has to say about 2Shakes in her blog post. Or contact 2Shakes to request a demo or to participate in one of our FREE 30 minute webinairs.
2Shakes AML gets Ready to Roll
2Shakes Anti Money Laundering (AML/CFT) extensions are ready to launch. All our research, design and technical wizardry from the past year has been released into our BETA environment for final feedback.
We have done loads of demonstrations to AML compliance experts, lawyers, accountants, bookkeepers and government representatives, and we’ve had great feedback.
We’ll now be inviting all our 2Shakes users in NZ to try the beta software from this week, which will give everyone a chance to see how we can help with AML, and help prepare for their Phase 2 release date.
If you are affected by AML Phase 2 don’t put off getting ready. If you deliver in-scope services then you’ll need to comply. We have some information about it on our website 2Shakes AML section or check out the AML section of DIA’s website.
Whatever you do, get on top of it now. You could see it as a useful opportunity for you to put in some excellent onboarding processes.
What a month for 2Shakes! We find out how multiples went, launch our new pricing plans and head to Auckland for the 2017 NZBAI Conference. Oh and were hiring too!
Get 2Shakes for Free
2Shakes has just launched our new pricing plans at the NZ Bookkeepers conference – including a FREE 10 plan. You can now use 2Shakes to sign up clients completely for free. The FREE 10 account is perfect if you are just starting out, do work for a smaller group of clients, or if you just want to trial 2Shakes to see if it works.