Compliance
AML platform Thirdfort secures more heavyweight backing
Credit intelligence company Pepper Advantage has followed the likes of Mischon de Reya, Savills and Knight Frank in backing risk management service Thirdfort.
‘Solicitors should exercise extreme caution’ over ROE, warns Law Society
Law Society flags "significant concerns as to the expectations which may be placed on solicitors to verify the accuracy of information put onto the Register of Overseas Entities."
The Register of Overseas Entities is now in play; here’s what property pros need to know
Designed to "root out corrupt elites using UK property to launder their illicit wealth," the Register of Overseas Entities has officially launched, requiring more transparency for UK property transactions …
Knight Frank, Savills & Chestertons back AML platform Thirdfort
A trio of major estate agencies have invested in anti-money-laundering platform Thirdfort.
FCS Compliance launches art division with Sotheby’s former Global Compliance Director
LonRes-owned anti-money laundering firm expands its operation.
Top AML firm appoints COO
Collette Allen steps up to become Chief Operating Officer at anti-money laundering firm SmartSearch.
The Economist: Londongrad is falling down
A long-read feature in The Economist delves into the networks and key players in Londongrad's fallen economy, profiling some familiar faces along the way.
Knight Frank rolls out new AML tech to improve onboarding process
The agency has signed up to Thirdfort’s proprietary risk engine, which promises to reduce onboarding time 'to minutes' and turn compliance 'into a competitive advantage'
Overseas Entities: The real estate effect
The effects of the Economic Crime Act will be felt far and wide across the UK real estate industry, writes Nathan Rees
Unexplained wealth orders: How is the British law changing and will it stop dirty money circulating in London?
The Economic Crime Act allows the government to convey the impression that it is ‘doing something’ about the proceeds of kleptocracy being laundered in the UK - but far more fundamental and far-reaching ref…
LonRes launches new GDPR compliance services
LonRes has partnered with iCompli to help property agents manage clients' personal data.
Register of overseas property owners becomes law as Economic Crime Bill receives Royal Assent
Foreign owners of UK property have six months to comply with new registration documents, as the Economic Crime Bill completes its fast-track passage through parliament.