The Negotiator The essential site for residential agents
SmartSearch tech boss Fraser Mitchell says three quarters of firms have yet to start verifying the sources of their clients’ funds using open banking.
Read MoreJust three in 10 estate agents are switched on to open banking for AML reasons
Home » Tag Archives: Proceeds of Crime Act
WARNING: Agents must have robust ‘source of funds’ process
Martin Cheek says protecting transactions from criminal gangs, who are highly skilled at hiding their dirty money, is vital for estate agents.
Read MoreRogue estate agent forced to cash in pension to pay back fraud victims
A rogue estate agent has been reduced to living in a caravan and has had to cash in his pension after being returned to court two years after initially being convicted of…
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