Estate agents can expect busy spring, according to AML data
Winter is no longer the peak period for real estate AML compliance activity, research has found
Tag: Credas
AML activity spike ‘suggests market bounce-back underway’
Credas Technologies says its data shows property sector naysayers have been over-pessimistic
Database reveals huge spike in letting fraud
CIFAS registers a steep rise in identity fraud and false applications over the last nine months
AML registrations on track for significant growth
A sharp rise in AML checks highlights just how busy the market has been this year
Fines for agents rise sharply
The estate agency sector is said to be moving in the right direction when it comes to anti-money laundering (AML) regulation despite the increase in the average AML fine issued to agents.
‘Just 12% of agents understand Anti Money Laundering obligations’
Widespread confusion in industry as to AML obligations
Nearly a quarter of estate agencies would not pass anti-money laundering spot checks, claim
Businesses could be breaking the law by not having an AML officer in place and risk fines from HMRC