We have recently updated subscribers (and updated our precedents) with respect to:
From 26 June 2017 new regulations dramatically change the systems your firm must have in place. For example you now must check the identity of buyers as well as sellers, retrain your staff and produce new risk assessment and policy documents.
We provide everything you need.
You must “regularly” train your employees to ensure they are aware of the law and risks relating to money laundering and terrorist financing (ML Regulations 2017). We provide lively interactive online training to meet your obligation.
Suitable both for group and individual training
Three estate agents were recently fined £246,000 for neglecting their AML responsibilities.
The new rules require that you can produce your written AML risk assessment and AML policy document on demand. Our precedent documentation is all designed specifically for estate agency firms:
Note: we provide the materials in Word form, so you can easily adapt them.
At no extra charge, we will enrol you in the Socrates updating service. We will alert you to changes in money laundering law and practice by e-mail. We will also e-mail you revisions to the written materials as necessary.
Fill in this form to receive full details including pricing.