eLearning: An introduction to anti-money laundering
Money laundering as far as estate agents are concerned is the illegal process of concealing the origins of money obtained illegally through property transactions.
Related courses and information
Anti-money laundering: introduction
Dive into the world of Anti-Money Laundering (AML) with this introductory course.
Anti-money laundering: advanced
Discover the critical duties of the Money Laundering Reporting Officer (MRLO) in Anti-Money Laundering (AML) legislation.
Anti-money laundering (AML) training and resources
We have created a number of resources, forms and training options for agents and auctioneers to comply with their Anti-Money Laundering obligations.
Fact sheet: Money Laundering Regulations
The aim of the legislation is to reducing money laundering and increase the transparency of business operations in the UK. More recent regulations have been largely driven in response to Russia’s invasion of Ukraine, where the focus has been on overseas actors.
How to comply with the Money Laundering Regulations (estate agents)
It’s a criminal offence to trade as an estate agency business without being registered with HMRC for money laundering supervision. Make sure you know the rules, risks and ensure that criminal gangs or unscrupulous individuals are not using your business to exploit their ill-gotten gains.