Make sure you are not caught out

The new fifth Money Laundering Directive, introduced in January 2020, directly affects estate agents, brokers and letting agents.

You MUST now:

  • Register your business with HMRC – or face serious penalties
  • Nominate a Money Laundering Reporting Officer
  • Create and maintain Money Laundering Risk Assessments
  • Put in place policies, controls and procedures
  • Undertake customer and transaction due diligence
  • Report suspicious activities to the National Crime Agency
  • Monitor your clients and ongoing risk
  • Train your staff

Compliance On Demand will work with you to ensure your Anti-Money Laundering systems are fully compliant.

Contact us on 020 3963 9966 or email philip.olmer@complianceondemand.co.uk

Contact us

We care about you and your business. If you would like more information or advice on any of our services, please get in touch.

A: Acre House, 11 – 15 William Road, London NW1 3ER.
T: +44 20 3963 9966
M: +44 7413 059574
E: philip.olmer@complianceondemand.co.uk
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