- March 4, 2025
- Posted by: FCS Compliance
- Category: News, Press, Property Market
With HMRC swift to publish the updated list of penalties, there’s no doubt Anti-Money Laundering (AML) compliance will remain a top priority in 2025. The pressure to stay vigilant has also intensified, with OFSI (Office of Financial Sanctions Implementation) introducing new financial sanctions laws for all lettings professionals. Coming into force this May, these rules will impact every letting agent, regardless of a property’s rental value.
Clear, concise presenting – Webinar attendee
Staying up-to-speed and fully AML compliant is imperative. To help navigate these changes and minimise the risk to your business, Malcolm Driscoll, Lead AML Consultant at FCS Compliance, was recently invited to host a Rightmove webinar to explain the key elements of this change that lettings professionals must be aware of.
Enjoying these Webinars… Kudos to Malcolm for his explanation of what is required – really thorough and invaluable! – Webinar attendee
In this webinar, Malcolm shared:
- Field observations and what to expect in the year ahead
- A break down of the latest HMRC standards and how to stay compliant
- Tips to prepare for the new sanctions obligations in lettings, including the ongoing monitoring and reporting requirements.
If you are a Rightmove member and missed the webinar, you can find a recording here.
This webinar stimulated a huge number of questions from attendees. If you have a burning AML question, why not consider our subscription hotline service and have access to the experts when you need them all year round.
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