FCA

compliance

Coadjute warns many agents risk breaking the law under new AML regime

The majority of UK estate agents may now be at risk of breaching anti-money-laundering (AML) regulations following major changes introduced by HMRC last month, according to compliance technology specialist, Coadjute.

On 9 September, HMRC published revised AML guidance that fundamentally redefines what is mandatory. The word "must" appears 212 times in the document, turning dozens of...