2023
-
Join the webinar: Stay Ahead of HMRC’s Money Laundering Crackdown
- December 14, 2023
- Posted by: FCS Compliance
- Category: News, Property Market
No Comments
Live webinar on Rightmove: Thursday 25 January, 10:00am – 11:00am (SOLD OUT) Thursday 25 January, 12:00pm – 13:00pm (EXTRA SESSION ADDED DUE TO DEMAND) Stay Ahead of HMRC’s Money Laundering Crackdown The UK property market remains at a high risk of being used for laundering ‘dirty money’. So with HMRC ramping up ‘on-site inspections at
-
Snoofa and FCS Compliance held an exclusive webinar for AMPs
- November 23, 2023
- Posted by: FCS Compliance
- Category: Art Market, News, Promotion
As you may know, HMRC are enthusiastically conducting interventions of Art Market Participants (AMPs), and many tuned in for Tuesday’s webinar (21.11.2023) on ‘Avoiding CDD Pitfalls: How to Decrease the Likelihood of HMRC Penalties’, held by Snoofa and FCS Compliance. Missed the webinar? Catch up here. This popular webinar covered many of the key questions
-
AML Regulation of the Art Market: A Moving Target – Join us on 10 November
- October 26, 2023
- Posted by: FCS Compliance
- Category: Art Market, Promotion
AML Regulation of the Art Market: A Moving Target Learn Live with Rena Neville, a live interactive session through MBL. Join us on 10 November 2023, 3:00pm – 4:15pm Presented by AML specialist, Rena Neville, Head of FCS Compliance Art Division, this new virtual classroom seminar will highlight key rule changes in the last three years in
-
AMPs: Is the Ultimate Beneficial Owner information on Companies House reliable?
- October 23, 2023
- Posted by: FCS Compliance
- Category: Art Market, News
Is the Ultimate Beneficial Owner information on Companies House reliable?Written by Rena Neville, Head of FCS Compliance – Art Division In answer to the question “Can we rely on Companies House to provide reliable information on Ultimate Beneficial Owners (UBOs)?”, I am afraid the answer is no. Indeed, the UK government has in the not-too-distant
-
Proliferation Financing for Designated Non-Financial Businesses – What This Means for the Property Market
- October 23, 2023
- Posted by: FCS Compliance
- Category: News, Property Market
Proliferation Financing for Designated Non-Financial Businesses – What This Means for the Property MarketWritten by Caroline Walters AICA, Director of Operations, FCS Compliance HMRC’s latest update in relation to proliferation financing states that there is a requirement for Designated Non-Financial Businesses and Professions to carry out proliferation financing risk assessments. So what exactly is proliferation
-
When is an Art Market Participant (AMP) relieved of conducting Customer Due Diligence?
- October 23, 2023
- Posted by: FCS Compliance
- Category: Art Market, News
When is an Art Market Participant (AMP) relieved of conducting Customer Due Diligence?Written by Rena Neville, Head of FCS Compliance – Art Division Some AMPs are still under the false impression that they must conduct Customer Due Diligence (CDD) on every party in every qualifying transaction. This, however, is not the case. There are some
-
Property Market: Four possible new models for an AML supervision
- October 23, 2023
- Posted by: FCS Compliance
- Category: News, Property Market
Four possible new models for an AML supervisionWritten by Malcolm Driscoll MA AICA Int. Adv. Cert (AML), Lead AML Consultant, FCS Compliance – Property Division The Treasury is currently looking at four possible new models for AML supervision and, while this is still at a consultancy stage, we at FCS Compliance are mindful of any
-
Are You Registered? The National Crime Agency Releases New SAR Portal
- October 23, 2023
- Posted by: FCS Compliance
- Category: Art Market, News, Property Market
Are You Registered? The National Crime Agency Releases New SAR Portal Written by Jen Siwicki BA (HONS) AICA Cert (KYC/CDD), Senior AML Consultant, FCS Compliance On 18 September 2023, the National Crime Agency (NCA) officially released a new SAR reporting portal for all reporting organisations. The reporting system is controlled by the UK Financial Intelligence
-
Meet Helen Grindey – AML Consultant, FCS Compliance
- October 13, 2023
- Posted by: FCS Compliance
- Category: Art Market, Blog, Property Market
In this interview, FCS PR Director, Alison Blease introduces you to FCS AML Consultant, Helen Grindey – AICA Cert (KYC/CDD). Today I am joined by Helen Grindey, an AML Consultant with FCS Compliance. Hello! I believe next month is your two-year anniversary of working for FCS. Congratulations! But let’s start at the beginning. What did
-
FCS Compliance shortlisted to win in The Negotiator Awards 2023
- October 5, 2023
- Posted by: FCS Compliance
- Category: News, Press, Property Market
FCS Compliance shortlisted to win in The Negotiator Awards 2023 The shortlist has been announced for this year’s Negotiator Awards and, for the third year running, FCS Compliance has been selected by the judges in the ‘Supplier of the Year: Products & Services (Business)’ category. Winners will be announced at a gala dinner in London
