Gareth Vaughan

You know, this was about New Zealand.

So you could set up in the same way today as WorldClear did.

You could.

You could set up as a company and register as a financial service provider.

Now, there may be closer oversight of you today.

Also, I mean, one of our experts we spoke to, you know, said he just didn't think banks would take on a company like this today.

Now, obviously, going back 10 years or so when WorldClear was getting into business, they did get bank accounts, but then they struggled to keep them.

So I don't think a lot has changed in terms of how you could set up.

And I mean, obviously, one of the things is that the way that people move money is constantly evolving too.

Because obviously, I mean, in the days of WorldClear, cryptocurrency was around.

And in the leak, there are a few companies who operated in that space.

But now there's a lot more of that type of thing going on.

So I guess there's constant evolution in how we move money as well.

So if you're sort of trying to keep up with that, it's always going to be a challenge.

Yeah.

Is that right?

Yeah, so they basically went off the financial service provider's register of their own volition in early 2019.

It's still a registered company, although they haven't filed an annual return since late 2024.

So the company's registrar has actually started the process of deregistering, we'll clear that.

But I found out through an Official Information Act request to MBIE that Inland Revenue has opposed the deregistration.