Auctioneers and valuers
AML compliance checklist
This checklist will highlight areas for improvement in your business. It covers questions which may be asked during a supervisory inspection by HMRC in relation to anti-money laundering (AML) and the counter financing of terrorism (CFT).
Identity Verification Form
Our Identity Verification Form will assist you in collecting the important information you need about the vendor. Use this form to tick off the appropriate checks and comply with the money laundering regulations.
Fact sheet: Ivory Act 2018
The purpose of the Ivory Act is to prohibit commercial activities concerning ivory in the UK and the import and re-export of ivory for commercial purposes to and from the UK. This includes intra-EU trade to and from the UK.
CAP advice on auction guide prices and non-optional charges
The Committee of Advertising Practice (CAP) has issued guidance providing clarity on how auction houses should present mandatory fees and charges when referring to guide prices.
Assured Advice 9: Cancellations and chattels
Do the new cancellation regulations still apply when a chattels auctioneer collects items from the home of the owner, to sell in a chattels auction at another location?
Assured Advice 28: Sale of upholstered furniture at auction
What are the specific safety requirements for selling upholstered furniture at auction?
How to comply with the Money Laundering Regulations (auctioneers)
It’s a criminal offence to trade as a high value dealer or property auctioneer without being registered with HMRC for money laundering supervision. This guide will help protect your business and ensure you understand the rules.
Propertymark Passport
Propertymark Passport is an exclusive benefit for NAEA Propertymark and NAVA Propertymark members. It enables you to verify customers' identities and supports your compliance with the Money Laundering Regulations.
Common Auction Conditions
NAVA Propertymark have adopted RICS' Common Auctions Conditions for auctions of real estate in England and Wales. The seventh edition was published in March 2018.
Border Force amnesty scheme
We have partnered with Border Force on an initiative to responsibly remove ivory and other endangered species items from circulation. Participation in the scheme demonstrates your support for various initiatives to preserve endangered wildlife.