Tag Archives: anti-money laundering

KYC and AML – Suitable for all firms with AML responsibilities

The UK is among the world’s largest and most open economies, whose strength is based on extensive and productive relationships around the world. Government Ministers have the responsibility for national security and financial services, so they want the UK to continue to be a desirable country for legitimate business and a leading global financial centre. But they also recognise that the UK’s openness and standing as a global financial centre exposes it to the risk of illicit financial flows.

AML – New Entrant Programme – Suitable for all firms with AML responsibilities, i.e. Estate Agents etc

The UK is one of the world’s largest and most open economies, whose strength is built on extensive and productive relationships across the globe. Ministers have the responsibility for national security and financial services, so they want the UK to continue to be an attractive country for legitimate business and a leading global financial centre. But they also recognise that the UK’s openness and status as a global financial centre exposes it to the risk of illicit financial flows.

Birth of the Office for Professional Body Anti-Money Laundering Supervision (OPBAS)

mlr2017-estate-agents-uk-hmrc-treasury

CREATION OF THE OFFICE FOR PROFESSIONAL BODY ANTI-MONEY LAUNDERING SUPERVISION (OPBAS)  BACKGROUND On the 15th March 2017, the UK Government announced the creation of a new watchdog for anti-money laundering. Named the Office for Professional Body Anti-Money Laundering Supervision (OPBAS), it aims to tackle the methods of financial criminals by both stepping up standards of […]

Estate Agents & Money Laundering Regulations 2017 – New Requirements

hmrc anti-mponey laundering estate agent eabs

Hello fellow professional From the 26th of June 2017, the new UK Money Laundering Regulations 2017 (“MLR17”) came into force placing new legal and regulatory requirements on Estate Agency Businesses (EABs). It is my pleasure to announce that Compliance Consultant has created a solution to help EABs get up to speed and fully comply with […]