Compliance
RICS updates professional standards code for property managers
A new edition of 'the definitive reference guide for leasehold management professionals' has been published.
London property tied to Iranian elites worth £200mn, report claims
'The scale and nature of these acquisitions raise serious questions about how the UK’s anti-money-laundering framework allowed this to happen over a period of many years,' says Transparency International.
Government tightens scrutiny of professional enablers in anti-corruption push
Lawyers, accountants and bankers to face new controls and compliance requirements as officials unveil latest measures to ‘drive dirty money out of the UK’.
Westminster’s rental licensing scheme launches this month
New rules for some central London landlords kick in on 25th November 2025.
FCA takes over AML supervision
The move will 'ensure more consistent oversight' - including more collaboration with law enforcement.
AML platform buys digital ID firm
'Our clients will see immediate benefits as we continue to set the standard for digital compliance,' says Smartsearch boss.
Propertymark flags ‘major concerns’ in UK sanctions rules
There's a mismatch between rules around financial sanctions and anti‑money laundering regulation, warns trade body.
TPO confirms new Ombudsman & CEO
Lesley Horton & Andy Clachers have been formally appointed to succeed Rebecca Marsh.
UK property market still a ‘safe deposit box for the corrupt’ as trusts conceal £64bn in assets
Transparency International has exposed a 'perverse situation' that still allows 'dirty money' to be hidden in UK prime property.
Property agents face ‘major changes’ as Material Information rules replaced
'The risks for non-compliance are potentially much higher' now, warns Propertymark, as Trading Standards removes Material Information guidance in favour of regulation under the new Digital Markets, Competition…
New sanctions compliance legislation for all lettings agents is less than a month away
Caroline Walters explains how to get up to speed before next month's important AML changes come into force.
Authorities have collected just 3% of overseas entities register fines
The Financial Times reports that only 14 non-compliance penalties have been collected so far, bringing in a mere £700k.