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Property magnate suspected of money laundering stripped of 45 homes
Manni Hussain, who is alleged to have links to many of West Yorkshire's leading gangsters, has agreed to hand over the properties worth £10 million.
Read MorePurplebricks given largest ever AML fine for an estate agency
The hybrid's sloppy compliance procedures are slammed by HMRC who have given the agency a larger fine than even Countrywide's £215,000 AML penalty of last year.
Read MoreEstate agent fined £5,000 over AML failures but escapes being named
An estate agent in Gibraltar has been fined £5,000 for failing to meet the British Overseas Territory’s Anti-Money Laundering (AML) obligations but, extraordinarily, has not been named.
Read MoreEstate agents face more AML costs as HMRC seeks £100m industry contribution
Estate agents face further cost next year if HMRC decides to implement an ‘economic crime levy’ on Anti-Money Laundering (AML) regulated firms within the property industry.
Read MoreMPs accuse estate agents of being ‘de-facto enablers of the Russian state’
MPs have accused estate agents of being a ‘de-facto’ part of the Russian state in a shocking report.
Read MoreConveyancer struck off after helping criminal gangs launder drug cash
Ross Ian Mackay has accepted his role in a prolific scam that saw some 80 properties bought via mortgage fraud from the early noughties onwards.
Read MoreOnline AML registration system for upmarket letting agents finally goes live
Agents renting properties for more than £8,400 a month have until January next year to register their businesses for AML and comply with the regulations.
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