Letting agents urged to get ahead of new sanctions rules
Failure to comply could lead to big fines or even criminal prosecution.
Opinions sought on new money-laundering rules for high-end letting agents
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.
By PrimeResi
Revenue boost for Rightmove as agents dig deeper
Average revenue per advertiser was up by 11% last year, reports portal.
Quarter of agents yet to register for money laundering supervision
HMRC is ‘hot on the heels’ of those agents falling foul of their obligations, warns tech firm
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