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.
- How to recognise money laundering ‘red flags’
- The role of the National Crime Agency (NCA)
- How to identify criminal property
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Some of our eLearning courses have a test element to help maximise your learning and can usually be completed in a hour. Don't forget that and any time spent studying will contribute towards your Continued Professional Development (CPD) requirement if you are a member.
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Related courses and information
This foundation course will provide you with the knowledge you need to ensure compliance with Money Laundering Regulations and the Proceeds of Crime Act.
Get the knowledge needed to ensure that you can competently undertake the duties of a Money Laundering Reporting Officer (MLRO).
We have created a number of resources, forms and training options for agents and auctioneers to comply with their Anti-Money Laundering obligations.
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.
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.