SmartSearch, the UK’s leading provider of digital compliance, has published an agenda-setting whitepaper to highlight the anti-money laundering shortcomings and sanctions...
Archive
![Agents must take AML seriously after huge HMRC crackdown](/upload/images/Shutterstock-only%20images/Misc/AML400X310.jpg)
Dozens of estate agents have been fined a combined total of £519,645 for failing to meet their obligations under anti-money laundering...
02 November 2022
From: Features
![Going digital is the answer to sector compliancy woes](/upload/images/Shutterstock-only%20images/Misc/martin400x310.jpg)
If recent headlines are anything to go by, estate agents and the wider property industry are not just feeling the heavy...
15 October 2022
From: Features
![Agents ‘wrongly’ rely on hard copy AML checks](/upload/images/library/Anti-Money-Laundering-4-400x310.jpg)
Agents are ‘wrongly’ relying on hard copies of identity documents to verify people’s identities in anti-money laundering (AML) checks, new research...
31 August 2022
From: Breaking News
![As HMRC reveals almost half of those falling foul of AML regulations are property firms, estate agents are urged to get their compliance in order or face the consequences](/upload/images/Back-link-images/EAT%20-%20August%20Sponsorship%20Image%20360%20x%20280.jpg)
HM Revenue & Customs (HMRC) recently published a list of firms that have received penalty notices for failure to meet their...
17 August 2022
From: Sponsored Content
![Time is running out for legacy customer checks](/upload/images/Housing%20Market%20%26%20Property%20Images/FemaleInvestor4-400x310-min.jpeg)
As another round of property firms is fined, named and shamed for breaching anti-money laundering rules, it feels like the road...
18 June 2022
From: Features
![AML platform secures 1,000th property client](/upload/images/Miscellaneous/TeamSelection2-400x310-min.jpeg)
Anti-money laundering specialist SmartSearch has reached 1,000 clients in the property industry. It comes amid increased scrutiny of money laundering amid sanctions...
07 June 2022
From: Breaking News
![Property Natter: ‘the only way to bring about change is to be proactive’](/upload/images/Site%20logos/PropertyNatter-2019-400x310.png)
In this latest ‘Women in Property’ edition of the Natter, I check in with Collette Allen, who was recently appointed as...
28 May 2022
From: Features
![Estate Agents warned to ensure screening procedures are up to date as the Government toughens sanctions on Russia](/upload/images/adv-2021/sponsored-content/Smartsearch/Sanctions%20-%20EAT%20sponsored.jpg)
Estate agents and other property businesses need to ensure their customer screening processes are robust and up to date following extensive...
02 March 2022
From: Sponsored Content
![Opinion: The property sector should take action now, not wait for the Economic Crime Bill](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/ParliamentView-400x310.jpg)
The outcome of the Ukraine crisis is far from certain, but one thing has become abundantly clear. The long-overdue Economic Crime...
26 February 2022
From: Features
![Insight - an estate agents’ guide to AML](/upload/images/Housing%20Market%20%26%20Property%20Images/UK-Cash-20-400x310.jpg)
The UK property industry has long been a target of fraudsters due to the low levels of transparency and the fact...
12 February 2022
From: Features
![Identity theft and fraud - how it happens and how to prevent it](/upload/images/Housing%20Market%20%26%20Property%20Images/Identification-400x310.jpg)
The Covid-19 pandemic has had a huge impact on all aspects of our lives, but undoubtedly one major negative side effect...
11 December 2021
From: Features
![Estate agents urged to assess compliance procedures after sloppy AML checks lead to man’s house being stolen](/upload/images/adv-2021/sponsored-content/Smartsearch/EAT%20-%20Image%20.jpg)
Estate agents are being urged to ensure their compliance procedures are up to scratch after fraudsters stole a man’s identity and...
02 December 2021
From: Sponsored Content
![Agents - time to make the switch to EV](/upload/images/library/PropTech-4-400x310.jpg)
The phrase ‘time is money’ is particularly pertinent for estate agents. Since the stamp duty holiday ended, the forecast drop in...
17 November 2021
From: Features
![Why the UK property market is at the centre of global tax avoidance and financial crime](/upload/images/library/UK-Cash-NEW-400x310.jpg)
The Pandora Papers - the biggest ever leak of offshore data - has revealed that the UK’s property market is being...
30 October 2021
From: Features
![Will online agencies take over, or do we still need face-to-face contact?](/upload/images/library/Millennials-Handshake-400x310.jpg)
Like most industries, estate agency is changing. A general trend to a more hybrid model, accelerated by the pandemic has resulted...
06 October 2021
From: Features
![Estate agents risk multi-million-pound fines if they don’t keep proper customer records](/img/default/eat.png)
While running customer identification and verification checks is part and parcel of the onboarding process for estate agents, under UK anti...
01 June 2021
From: Sponsored Content
![Leaving the EU does not mean leaving Anti-Money Laundering Laws behind](/img/default/eat.png)
Brexit means that the UK’s anti-money laundering laws are no longer governed by the European Union (EU), but any estate agents...
10 May 2021
From: Sponsored Content
![Stamp duty holiday: could the market be more vulnerable to fraud?](/img/default/eat.png)
The Chancellor’s recent announcement that the stamp duty holiday would be extended for another three months was undoubtedly great news for...
27 March 2021
From: Features
![Top tips on how to ensure your AML procedures are up to scratch](/img/default/eat.png)
The property market, and therefore, estate agents have been accused of being the 'weak link' in the UK’s money laundering defences. This...
27 October 2020
From: Legislation & Compliance
![AML checks for estate agents who don’t have time for compliance](/img/default/eat.png)
The last few months have been tough for the property sector, and the pressure will continue as estate agents across the...
19 August 2020
From: Features
![Agents told to act on key change in Anti-Money Laundering law](/img/default/eat.png)
The government introduced the Fifth EU Money Laundering Directive into UK law just before Christmas - and it has a significant implication for...
30 December 2019
From: Breaking News
![AML compliance – why the smart money is on automation](/img/default/eat.png)
Technology is transforming the way we comply with Anti Money Laundering (AML) regulation. It is providing a consistent approach, reliable outcomes...
05 September 2018
From: Features
![Don’t fall foul of anti-money laundering rules](/img/default/eat.png)
Does your company apply adequate customer due diligence measures when carrying out estate agency work? Does it establish and maintain appropriate policies...
28 July 2018
From: Features
![Anti-money laundering checks can be conducted remotely via app](/img/default/eat.png)
A new anti-money laundering app has been launched which allows agents to conduct checks remotely. The app allows access from devices -...
21 June 2018
From: Breaking News
![Perception is nine tenths of the law](/img/default/eat.png)
How do you want your agency to be perceived? Do your processes reflect both the quality and speed of service you...