Compliance

LonRes-owned anti-money laundering specialist has extended its partnership with Barbon Insurance Group.

A boutique estate agency in Wimbledon has reportedly been fined over £6,500 for various breaches of AML processes.

50% of estate agencies advertising properties for sale at £5 million are either not registered for anti money laundering supervision with HMRC, or have failed to pay their annual fee, according to a new…

Sanctions against individuals following China's antics in Hong Kong could involve high-value property assets in the UK.

'Despite the pandemic, money laundering hasn’t gone away, in fact quite the opposite', says FCS' Jerry Walters...

Following the NCA’s latest victory involving the use of so-called McMafia orders, criminal litigation specialist Ed Smyth warns on the potential implications for prime real estate advisers...

HMRC has published a new set of risk indicators, with advice for property professionals on how to spot and tackle money laundering.

Britain slips down to 22nd position in the International Tax Competitiveness Index, and is now ranked 33rd out of 36 on property taxes...

A Mayfair-based solicitor has been suspended for nine months for failing to have an appropriate anti-money laundering policy in place.

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

There's "a growth industry of ‘enablers’ including lawyers, accountants, and estate agents who are – wittingly or unwittingly – de facto agents of the Russian state", according to the Intelligence…

"Those with blood on their hands, the thugs and despots, the henchmen and dictators, will not be free to waltz into this country to buy up property on the King’s Road," declares Foreign Secretary Dominic…