AML Compliance - A Roundup for Estate Agents & Property Professionals

Introduction

This webinar will provide a short roundup of the current state of play with regard to the key duties imposed on estate and letting agents by the anti-money laundering legislation and regulations and what the regulators are expecting you to have in place.

The purpose of the webinar is to give you a solid foundation of knowledge in this area and help you understand how the various processes can be used to protect your organisation.

What You Will Learn

This webinar will cover the following:

• What is money laundering?
• Fraud & other financial crimes
• Why property work remains a key target
• How estate and letting agents are caught
• CQS & Conveyancing Protocol amendments
• The key legislation - Proceeds of Crime Act 2002 Part 7
• Analysis of the key requirements of the ML Regulations 2017
• Reliance on CDD checks carried out by third parties
• Training & record-keeping requirements
• The key to it all - ongoing monitoring

This webinar was recorded on 20th April 2022