Search Results for: aml
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Latest property news
Online 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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Latest property news
Agents warned over dangers of relying on ‘gut feel’ to spot AML criminals
88% of estate agents tell iamproperty.com that their instincts are reliable in detecting money laundering in a property sale.
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Latest property news
Shocking levels of non-compliance with AML rules highlighted by report
Nearly a third of agents say they are unsure if they’re legally compliant with AML and just 65% believe their firms meet the requirements even though it has been a legal requirement for two years.
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Latest property news
HMRC quietly drops AML application fee for estate agents
Decision is made to remove the £100 fee just 24 hours before the latest and 5th EU Anti Money Laundering directive passes into UK law.
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Latest property news
Upmarket letting agents face substantial changes after new AML come in, warns expert
Jerry Walters, chief of Lonres-owned firm Financial Crime Services, says changes will affect how deposits and rent are received and require landlords and tenants to be checked.
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Latest property news
Government’s stalling on AML will put agents at risk
The government is supposed to implement the latest AML regulations by 20th January but has so far done nothing, says John Dobson.
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Features
The LonRes response to HMRC and AML branch checks
The Negotiator’s exclusive interview with LonRes discussed the challenges faced by sales agents in London and why it has bought FCS, the Anti Money Laundering services provider.
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Latest property news
Exclusive: Lonres snaps up leading AML consultancy as HMRC ramps up inspections
Prime agents are increasingly under scrutiny by HMRC over their AML practices, which has prompted Lonres to acquire Financial Crime Services.
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Latest property news
Purplebricks’ AML problems are ‘tip of the iceberg’ for industry
Comments are made by leading industry supplier after hybrid agency confirms it is ‘in discussions with HMRC’ over the company's procedures.
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Latest property news
Excluding property developers from AML is unfair to estate agents, it is claimed
Leading tech platform says loophole in Estate Agency Act 1979 must be closed so that all property sales in the UK are covered by AML regulations.
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