AML
-
Crime
Property fraud – coming to a town near you
The leading AML check companies are all reporting criminal activity in regional locations, highlighting how London isn’t always the epicentre, reports Lisa Isaacs.
Read More » -
Latest property news
Property sourcing agency fined over AML error says ‘we reported it’
Estate agency Jess Simpson Ltd is fined £6,300 even though it voluntarily flagged up the mistake to HMRC after its own system spotted error.
Read More » -
Latest property news
Brexit means EU’s new AML police force can’t fine UK estate agents
But AML expert John Dobson warns UK must work closer with Europe to prevent Britain 'falling behind' in fight against money launderers.
Read More » -
Latest property news
Chesterman’s back with more cash to disrupt property sales
Former Zoopla chief has spearheaded latest investment round for Thirdfort, which hopes to make AML and KYC onboarding easier.
Read More » -
Latest property news
New AML compliance service to cut time spent onboarding clients
Ince says its new service is being launched in the property industry first and will minimise human error and the risk of fines.
Read More » -
Latest property news
NatWest to face criminal proceedings over alleged money laundering lapse
The bank, which is used by thousands of agents, is being taken to court over money laundering by the Financial Conduct Authority (FCA).
Read More » -
Crime
Face up to it
Money laundering using property transactions may be an age-old problem, but 2021 will present new threats and changes for agents on the frontline, says Lisa Isaacs.
Read More » -
Latest property news
Government backs property industry AML digital identity project with grant
Minister involved says Etive's project will enable smoother, cheaper and more secure home sales and help increase AML compliance.
Read More » -
Latest property news
‘Missing AML guidance will make it difficult to secure estate agency prosecutions’
Legal experts David Smith and Lee Adams say the industry and particularly letting agents are waiting on guidance on many aspects of AML.
Read More » -
Latest property news
Expert blog: Lax AML effort among super-prime agents is “appalling”
Expert Martin Cheek says too many agents are "rolling out the red carpet for fraudsters" following damning government report.
Read More »
