Anti-money laundering insights for the property market
The property market is vulnerable to having its services abused by criminals. The high value of UK property enables the criminal fraternity to launder large amounts of money. Although a minority activity, the criminal exploitation of the property market is sufficiently serious to warrant legislation requiring property developers and estate agents to operate anti-money laundering procedures.
It’s crucial that all professionals are aware of the Money Laundering Regulations 2017, which concern the property sector, and therefore recognise the importance of putting procedures into place to identify and report suspicious activity.
Join us on 14th November for a live anti-money laundering webinar and discover how you can comply with the latest legislation that affects the real estate market.
How can we help?
In this webinar we will consider who is best placed to carry out anti-money laundering (AML) checks within the property sector and discuss the issues associated with outsourcing AML procedures to 3rd party suppliers.
Date: Wednesday, 14th November, 11am
Log-in link: We will email you the link once your registration is completed.
This webinar is FREE to attend and can count towards your CPD.
Head of ID & Fraud Services
Amanda Barnes, Head of ID & Fraud Services, fully understands the implications of the 4th Money Laundering Directive from a legal perspective concerning property development in the UK and overseas, and how to incorporate due diligence systems into existing work flow practices.
Helen Basgallop Senior Advisor for AML & Compliance, has worked alongside the UK top legal and accountancy practices, advising on the implications of the 4th Money Laundering Directive. Helen has extensive knowledge of AML & Compliance procedures and systems and is key in helping Jordans clients integrate solutions into existing procedures.