A leading AML provider says a recent parliamentary group’s call to tighten up AML regulations does not go far enough.
Read MoreEnding London’s reliance on Russian wealth will be hard, suggests report
Research by estate agency Aston Chase reveals London has 150,000 Russians living there and that a clamp down would lead to a mass exodus.
Read MoreRICS: you’re under a legal obligation to ‘Flag it up’
RICS has published a global professional statement: “Countering bribery and corruption, money laundering and terrorist financing” to tackle problems within the property industry.
Read MoreWashing up
Money laundering isn’t just the preserve of upmarket estate agents selling expensive properties in central London, says HMRC chief Simon York, as criminals increasingly target property to launder their dirty cash.
Read MoreDon’t get washed up by money laundering rules
After Channel 4’s exposé, From Russia with Cash, RICS expelled a member for his role in money laundering, so, says Andrea Kirkby, you need to appreciate the risks and comply with the…
Read MoreHousing ‘no place for dirty money’, says NAEA
The NAEA has joined forces with the Transparency International to oppose money-laundering in the estate agency sector. The NAEA and the anti-corruption body want to see four major changes introduced to the…
Read MorePM to tackle ‘dirty money’ in UK property market
The Prime Minister used a speech in Singapore last week to acknowledge that some homes in the UK have been acquired using “plundered and laundered cash”, but vowed to do more to…
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