- June 6, 2023
- Posted by: FCS Compliance
- Category: News
10am Wednesday 19 July
Live Q&A – Are you ready for a HMRC inspection?
Between 2019 and 2022, despite the pandemic, HMRC continued to be active and demonstrated firm resolve when it came to non-compliance, issuing financial penalties totalling near £7.5M to businesses with AML shortcomings*. With the UK property industry remaining at high risk for the laundering of ‘dirty money, it is therefore imperative that agents remain up-to-speed with the very latest on AML legislation, understand their legal obligations and know how to protect their businesses.
On Wednesday 19 July, FCS Compliance returns to the Rightmove Hub for a special Q&A webinar. In this live session, attendees will have the opportunity to put their anti-money laundering questions directly to two of the UK’s leading experts, Malcolm Driscoll and Caroline Walters.
Malcolm is the Lead AML Consultant at FCS Compliance and, having spent over 40 years in the police investigating countless complex fraud and money laundering cases, has an in-depth knowledge of how criminals launder on a global scale. Alongside Malcolm, will be Caroline Walters, a Senior AML Consultant at FCS, who brings extensive experience in regulatory compliance and financial investigation from her many years working in the police service as well as other public and private sectors, in the UK and offshore. At FCS Compliance, both Malcolm and Caroline work with agents daily, supporting them with their AML obligations.
Before taking questions, Malcolm and Caroline will share their views on:
- The essential aspects of the Money Laundering Regulations
- The most typical AML pitfalls and the likely price of non-compliance today
- The latest observations from the front line and what agents should be aware of
On registration, agents are kindly asked to submit their question for Malcolm and Caroline, and they will address as many as possible during the live event.
Rightmove members only, registration for the webinar is through the Rightmove Hub here.
Title: Live Q&A – Are you ready for a HMRC inspection?
Time: 10am to 11am
Date: Wednesday 19 July
Cost: Free to Rightmove members
Rightmove members will be able to attend the webinar free of charge.
Visit the Rightmove Hub for further details and to register.
*Anti-money laundering and countering the financing of terrorism, Supervision Report 2020-22, HM Treasury Dec 2022