Archive

As money laundering compliance marks its twentieth year, more and more estate agents are being fined for breaches of HMRC’s ID...

Increasing numbers of estate agents are submitting suspicious activity reports (SARS) but questions are being raised about whether there should be...

FCS Compliance and the National Crime Agency (NCA) have joined forces to present the first Rightmove anti-money laundering (AML) webinar of...

If the UK and its allies have been played by Russia over the Ukraine ‘invasion’, and it’s beginning to look that...

The phrase ‘time is money’ is particularly pertinent for estate agents. Since the stamp duty holiday ended, the forecast drop in...

The Fifth Money Laundering Directive becomes law in the UK on January 10 2020, strengthening the responsibilities placed on private companies...

Estate agent anti-money laundering (AML) compliance is under scrutiny again following the publication of figures detailing the fines levied for AML...

The government’s anti-money laundering campaign Flag It Up has published an A to Z which it claims will help agents understand...

The government has told the estate agency industry that it has a “moral” obligation to report suspicions about potential money laundering. Figures...

A government minister has made a pointed jibe at estate agents who appear not to regard cash purchases of high-value properties...

A 15-month research project says HMRC should do more to engage estate agents in recognising the importance of complying with anti-money...

The UK property sector has been a hotbed for financial crime in recent years, with many criminals seeing it as an...

Almost a third of all ‘Suspicious Activity Reports’ concerning possible anti-money laundering infringements and reported to the National Crime Agency have...

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

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

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

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

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