eLearning: An introduction to anti-money laundering
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: essentials
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
The aim of the legislation is to reducing money laundering and increase the transparency of business operations in the UK. More recent regulations have been largely driven in response to Russia’s invasion of Ukraine, where the focus has been on overseas actors.
How to comply with the Money Laundering Regulations (estate agents)
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.