Anti-Money Laundering — Introduction
Money laundering as far as estate agents are concerned is the illegal process of concealing the origins of money obtained illegally through property transactions.
Related courses and information
Anti-Money Laundering
This foundation course will provide you with the knowledge you need to ensure compliance with Money Laundering Regulations and the Proceeds of Crime Act.
Anti-Money Laundering — Advanced
Get the knowledge needed to ensure that you can competently undertake the duties of a Money Laundering Reporting Officer (MLRO).
Anti-money laundering (AML) training and resources
We have created a number of resources, forms and training options for agents and auctioneers to comply with their Anti-Money Laundering obligations.
Fact sheet: Money Laundering Regulations 2019 and how they affect letting agents
On 20 December 2019, the UK Government introduced the Fifth Money Laundering Directive. The extent and application of the Regulations apply to all letting agents working in the UK.
How to comply with the Money Laundering Regulations
It’s a criminal offence to trade as an estate agency business without being registered with HMRC for money laundering supervision. Make sure you know the rules, risks and ensure that criminal gangs or unscrupulous individuals are not using your business to exploit their ill-gotten gains.