LonRes acquires AML consultancy

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

UK's largest estate agency penalised for failing to comply with money laundering regulations; HMRC carries out week-long swoop on property firms around the country

£266,793 penalty was levied for 'failures in having the correct policies, controls and procedures, conducting due diligence and timing of verification'.