Flag It Up: Government extends ‘dirty money’ campaign to target estate agents

News

Tie-up with the RICS and the NAEA aims to 'help agents spot the signs of money laundering and reinforce their legal and moral obligations to report suspicious activity'

This content is available only to PrimeResi Members.

If you have a membership login below, otherwise join Prime Resi today for full access to the Journal of Luxury Property.

News

The EU's Fifth Money Laundering Directive is slated to come into play in January, requiring UK letting agents dealing in rents above €10k per month to carry out AML checks on their clients.
News

“The new code of practice will look to set standards at a higher level than currently legally set," says steering committee leader Baroness Hayter.
Views

The government is finally stepping up the fight against the tide of 'dirty money' flowing through the UK property market, but estate agents shouldn't be the first line of defence, argues Saul Empson...