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KEYWORD "Money Laundering" - 66 RESULTS
Anti-money laundering regulations – collaboration is key

A new EU crackdown on money laundering requires estate agency businesses to adopt a collaborative approach if they are to avoid...

11 November 2017

From: Features

The future? Another vendor wants a buyer to use Bitcoin

The owner of a penthouse flat in London says he is willing to accept the cryptocurrency Bitcoin - providing the buyer...

07 November 2017

From: Breaking News

Financial crime – are estate agents at risk?

The spread and sophistication of financial crime in the UK in recent years has been unprecedented.  Figures from UK Finance show that...

04 November 2017

From: Features

Anti-money laundering: only 1 in 300 foreign deals triggers a 'red flag'

One one in every 300 property purchases by overseas buyers trigger a so-called ‘red flag’ with the National Crime Agency -...

12 October 2017

From: Breaking News

Agencies set up anti-money laundering and part-exchange services

The Guild of Professional Estate Agents and Fine & Country are offering agent members the option to have in-person reviews and...

03 August 2017

From: Breaking News

NAEA to stage anti-money laundering classes and trial new app

The National Association of Estate Agents is rolling out a series of masterclasses to prepare members for the European Fourth Anti-Money...

25 July 2017

From: Breaking News

Yet more consultation starts over anti-money laundering measures

The government wants the views of estate agents and other professionals affected by anti-money laundering legislation, in a new consultation launched...

24 July 2017

From: Breaking News

Typical agent light years behind money launderers, security expert says

Estate agents complying with new anti-money laundering regulations introduced this week are unlikely to avoid falling foul of terrorists and criminal...

27 June 2017

From: Breaking News

Anti-money laundering rules will slow buying process, lawyer warns

The new anti-money laundering regulations introduced this week will delay the routine buying and selling of homes, a lawyer warns -...

27 June 2017

From: Breaking News

Two more years of government pain for the industry

My apologies if this causes you to break your Easter egg with a little too much aggression, but I reckon the...

15 April 2017

From: Features

Money laundering: NAEA backs new bid to list 'beneficial owners'

The National Association of Estate Agents has thrown its weight behind a government move to create a register of overseas companies...

07 April 2017

From: Breaking News

'Corruption drives high-end London property market' - claim

A group campaigning for the reform of money laundering and other accountability laws claims that billions of pounds worth of investment...

04 April 2017

From: Breaking News

Money Laundering: HMRC to work closely with Trading Standards

HMRC and the National Trading Standards Estate Agency Team have agreed new procedures to “enhance and ease the current flow of...

20 February 2017

From: Breaking News

Anti-money laundering: Agents' network running consultation survey

The Independent Network of Estate Agents is running a survey to collate agents' responses ahead of the closure of the official...

03 November 2016

From: Breaking News

Money laundering: London in spotlight  in Criminal Finances Bill

The government has published details of the Criminal Finances Bill with prime central London property used for purposes of money laundering...

20 October 2016

From: Breaking News

Auctioneer launches online selling platform

Auction house Clive Emson has launched a digital service through which vendors can sell land and property via an online auction. Clive...

21 September 2016

From: Breaking News

RICS to expel agent exposed in Channel 4 documentary

The Royal Institution of Chartered Surveyors (RICS) is to expel an estate agent for breaking several of its membership rules.  Dion Beard,...

14 September 2016

From: Breaking News

How can we encourage closer collaboration between estate agents and solicitors?

With an anticipated “Call for Evidence” from the Dept of Business Innovation & Skills looking into the home-buying experience ETSOS is...

01 September 2016

From: Sponsored Content

What is ‘Compliance in a Box’ all about?

With ever increasing obligations, estate agents know that compliance matters now more than ever.  However, being able to obtain access to the...

12 August 2016

From: Features

Money laundering back on the agenda in government

After all the recent Whitehall upheaval we can perhaps get back to business; and first item on the agenda seems to...

21 July 2016

From: Sponsored Content

Sterling's Brexit slump risks more money-laundering attempts - claim

The plummetting pound following the UK’s shock vote to leave the European Union risks creating more money-laundering operations through this country’s...

11 July 2016

From: Breaking News

The only certainty is uncertainty. So what next for the industry?

One estate agency leader - you’d all recognise his name - described the victory of the Leave camp in the referendum...

24 June 2016

From: Features

Money laundering due diligence: traditional checks vs electronic checks

This debate has been running for some time, but it tends to be the online providers of electronic checks that put...

24 June 2016

From: Features

Council in Right To Buy media probe prosecutes fraud-case tenant

A man has been prosecuted for fraudulently attempting to purchase a Right To Buy council property from one of the local...

23 June 2016

From: Breaking News

How do you comply with money laundering regulations?

A fair amount of scaremongering has been going on when it comes to money laundering checks, with the eye-watering fines issued...

14 June 2016

From: Sponsored Content

LonRes and Eversheds launch anti-money laundering service for agents

London transaction data company LonRes and law firm Eversheads are launching an agent-to-agent anti money laundering compliance service for LonRes subscribers.  The...

07 June 2016

From: Breaking News

NAEA welcomes anti-money laundering 'beneficial ownership' clampdown

The National Association of Estate Agents says it welcomes the government’s commitment to establish a public register of beneficial ownership information...

16 May 2016

From: Breaking News

Money laundering ID – what to do when acting for private individuals

Conducting Customer Due Diligence on clients and beneficial owners is a requirement for all estate agents.   The articles in this series...

06 May 2016

From: Features

How do you protect clients from themselves?

When a potential buyer comes into the office and says they want to view a property on your books, the natural...

29 April 2016

From: Features

Money laundering customer due diligence: Beneficial owners

Straightforward money laundering customer due diligence (CDD) is a worry for agents, but then also having to identify beneficial owners and...

23 April 2016

From: Features

Sleazy does it: why estate agency needs to get a better look

It’s all too easy to look sleazy in the eyes of a sceptical world, and there’s a danger right now that...

08 April 2016

From: Features

Money laundering customer due diligence on buyers – is it an obligation?

There is a substantial amount of misunderstanding over this question, which needs clarifying.   In general terms, the Money Laundering Regulations require...

01 April 2016

From: Features

Only a third of conveyancers do electronic anti-money laundering checks - claim

Just a third of conveyancers are carrying out the most thorough electronic anti-money laundering checks for all transactions, it is being...

24 March 2016

From: Breaking News

Money laundering obligations – Who do they apply to?

There is widespread misunderstanding within agency concerning money laundering obligations.  The first thing to note is that contrary to popular belief the...

18 March 2016

From: Features

It's not all doom and gloom, says agent who won money laundering appeal

The firm which this week announced it had won a landmark money laundering appeal case says it's not all doom and...

16 March 2016

From: Breaking News

Tightening up money laundering obligations is a really bad idea

Money laundering compliance is the hot topic at the moment, with various organisations making statements about the need to change and...

04 March 2016

From: Features

Purplebricks and eMoov lead panel as online and traditional agents square up

Purplebricks chief executive Michael Bruce is to speak alongside eMoov founder Russell Quirk in a debate to be held at the...

14 January 2016

From: Breaking News

Anti-Money Laundering: HMRC webinar for agents to be held next week

HMRC is staging its next anti-money laundering webinar for estate agents next Wednesday. Entitled ‘Customer Due Diligence for Estate Agency Businesses’ it...

07 January 2016

From: Breaking News

Bill McClintock, The Property Ombudsman Scheme

What is the biggest change you’ve seen in the agency industry during your time at TPO?  For me, the biggest change has...

18 December 2015

From: 60 Second Interview

Customer Due Diligence for the Property Sector

“Estate Agents have been highlighted by the Serious Organised Crime Agency (SOCA) as under reporting relative to their vulnerability to money...

03 December 2015

From: Sponsored Content

Money-laundering: agents rapped for too few 'suspicious activity reports'

A report from anti-corruption campaign group Transparency International says British estate agents reported only 179 suspicions of money laundering in a...

24 November 2015

From: Breaking News

Anti-money laundering on the agenda for next NAEA conference

Money laundering and the controversies raised by the From Russia With Cash documentary will be amongst the subjects under discussion at...

16 November 2015

From: Breaking News

Why the NAEA is right to tighten money laundering screws

News from the Halifax this week that the combined values of the residential properties in London amounts to £1.13 trillion, virtually...

13 November 2015

From: Features

Anti-money laundering: NAEA awaits government response to call for action

The National Association of Estate Agents is awaiting a response from the government to its demand for four changes to sale...

11 November 2015

From: Breaking News

Money-laundering: NAEA wants government action on four fronts

The National Association of Estate Agents has teamed up with a campaigning anti-corruption body to call for four major changes to...

10 November 2015

From: Breaking News

Anti-money laundering: NAEA says many agencies haven't nominated key roles

The National Association of Estate Agents admits that “take up has been low” in its bid to persuade each member agent to...

26 October 2015

From: Breaking News

Agent denies £250k fraud allegation made by Trading Standards team

An estate agent is going on trial concerning allegations that he defrauded people of over a quarter of a million pounds. Russell...

19 October 2015

From: Breaking News

Money laundering skews London prices: 'we all know it' says legal expert

A legal expert suggests central London’s house prices may have been skewed because of money-laundering - “and we all know it.” Jonathan...

14 October 2015

From: Breaking News

Money laundering: RICS wants higher standards and self-regulation

The Royal Institution of Chartered Surveyors says it wants to see 'minimum competency' requirements for sales and letting agents to handle...

28 September 2015

From: Breaking News

So much bleating, I thought a goat had got in!

It was interesting to see the report on Estate Agent Today about the meeting between London estate agents, NAEA, and HMRC. No,...

25 September 2015

From: Features

Agent says NAEA and HMRC must act over money-laundering

With the industry still awaiting the outcome of two investigations into allegations surrounding London property money-laundering, one estate agency is now...

22 September 2015

From: Breaking News

Big rise in houses purchased with gifted deposits

Over 64,000 property purchases over the last year involved the buyer relying on a gift of cash for all or part...

14 September 2015

From: Breaking News

RICS pitching for anti-money laundering supervisory role

Estate Agent Today understands that the Royal Institution of Chartered Surveyors wants to become a supervisory body under new laws attempting...

18 August 2015

From: Breaking News

It’s a scandal more property scandals aren’t exposed

I received a call from a prominent agent known to many in the industry this week, asking an unexpected question: he wanted...

07 August 2015

From: Features

Labour wants more agent diligence over money-laundering

Labour’s housing spokesperson on the London Assembly wants estate agents and mayor Boris Johnson to take money laundering in property more...

03 August 2015

From: Breaking News

London money laundering figure exaggerated says analyst

The head of research at lettings portal Lettingweb.com says the National Crime Agency’s claims about hundreds of billions of pounds of...

28 July 2015

From: Breaking News

Money laundering: agents warned by National Crime Agency

Estate agents have been warned by the National Crime Agency that they must not hesitate to inform the authorities if they...

27 July 2015

From: Breaking News

A new twist on the right to buy

Competition is hot among home buyers in my part of southern England to take ownership of properties that come onto the...

24 July 2015

From: Features

New call for prime London agents to be more transparent

A pressure group is calling for estate agents to conduct additional checks to ensure the legal provenance of buyers’ funds, and...

23 July 2015

From: Breaking News

From Russia With Cash: agency denies wrong-doing

One of five estate agents identified in a TV documentary has denied any wrong-doing and has specifically denied any involvement in...

15 July 2015

From: Breaking News

Money laundering scandal wouldn't happen with online agents - claim

The chief executive of online agency easyProperty says the money laundering scandal exposed in Channel 4’s ‘From Russia With Cash’ would...

13 July 2015

From: Breaking News

RICS promises disciplinary action over From Russia With Cash

The Royal Institution of Chartered Surveyors is the latest body to warns its estate agent members that they have a legal...

13 July 2015

From: Breaking News

NAEA condemns exposed estate agents and launches investigation

The National Association of Estate Agents says the agents named in Channel 4‘s From Russia With Cash documentary may have tarnished...

09 July 2015

From: Breaking News

Estate agents caught on Channel 4's secret filming

Channel 4 admits to using what it calls “unusual” secret filming techniques and an undercover reporter posing as a Russian politician to...

08 July 2015

From: Breaking News

HMRC making anti-money laundering spot checks on agents

The National Association of Estate Agents says HMRC have been making unscheduled visits to individual agency offices to check on their...

19 June 2015

From: Breaking News

NAEA Lawline dominated by terms of business

The new Lawline operated for the National Association of Estate Agents appears so far to be concentrating on calls about employment...

20 May 2015

From: Breaking News

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