anti money laundering
-
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
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 » -
Latest property news
AML judgement: Crime agency chalks up property ‘Unexplained Wealth Order’ success
NCA says Zamira Hajiyev must now explain where her wealth comes from or have properties worth £22m confiscated under AML rules.
Read More » -
Latest property news
Online agents are more attractive to money laundering criminals, warns HMRC
Lack of face-to-face contact is a key reason why criminals graduate towards internet agents, its latest updated AML guidance says.
Read More » -
Latest property news
AML expert slams banks for betraying agents who ‘follow money laundering rules’
John Dobson says he is appalled that banks such as HSBC and Barclays have been accused of 'turning a blind eye' to dirty money.
Read More » -
Latest property news
Purplebricks 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 More » -
Latest property news
Estate agents face more AML costs as HMRC seeks £100m industry contribution
Consultation launched this week and due to close in October will see property industry shoulder part of 'cash grab' by government to fund better AML effort.
Read More » -
Features
Dirty cash, clean solutions
Are you on the money? Lisa Isaacs discovers that just 12 per cent of agents understand their AML obligations.
Read More » -
Latest property news
Goodlord’s £10m to speed up rental digitisation
Goodlord has raised £10m in a Series B funding round. The platform has seen a year of rapid growth...
Read More »
