Homeaml

aml

  • Webinar: New Sanctions Obligations from May for all AMPs

    • March 7, 2025
    • Posted by: FCS Compliance
    • Category: Art Market, News
    No Comments

    What are the practical consequences when on 14 May Art Market Participants (AMPs) come under an additional regulator, the Office of Financial Sanctions Implementation (OFSI)?

    read more

  • New Rules, New Risks: 5 Estate Agent Watchouts for 2025

    • February 6, 2025
    • Posted by: FCS Compliance
    • Category: News, Property Market
    No Comments

    As we move further into 2025, the compliance landscape for lettings and estate agents continues to evolve.

    read more

  • 4 critical takeaways from the recent OFSI updates that AMPs must be aware of

    • February 6, 2025
    • Posted by: FCS Compliance
    • Category: Art Market, News
    No Comments

    Recent updates from the Office of Financial Sanctions Implementation (OFSI) introduce stricter obligations for Art Market Participants (AMPs), emphasising the need for robust compliance practices. Here’s what you need to know.

    read more

  • 2024 AML Recap for the Art Market

    • February 6, 2025
    • Posted by: FCS Compliance
    • Category: Art Market, News
    No Comments

    In 2024, there was notable activity in the anti-money laundering (AML) and sanctions landscape for art market participants (AMPs) in the UK.

    read more

  • Sanctions Update: Free Webinar for AMPs

    • February 6, 2025
    • Posted by: FCS Compliance
    • Category: Art Market, News, Promotion
    No Comments
    Important Sanctions Update for AMPs

    **Important AML Update** New Sanctions Obligations from May for all AMPs Free webinar | 12pm to 1pm (BST) | Friday 7 March What are the practical consequences when on 14 May Art Market Participants (AMPs) come under an additional regulator, the Office of Financial Sanctions Implementation (OFSI)? OFSI has the power to impose significant penalties

    read more

  • Webinar: Latest HMRC Fines & New Financial Sanctions Obligations for Lettings

    • February 6, 2025
    • Posted by: FCS Compliance
    • Category: News, Promotion, Property Market
    No Comments
    Free webinar for rightmove hub members

    AML Update: OFSI introduces new financial sanctions laws for all lettings professionals Join our very own Malcolm Driscoll, Lead AML Consultant – FCS Compliance Property Division, on 4 March, 10am to 11am, as he presents this important AML Update, exclusively available to Rightmove Hub members. Webinar overview: With HMRC swift to publish the updated list

    read more

  • Join us at ArtLogic’s Connect ’24 Event

    • November 14, 2024
    • Posted by: FCS Compliance
    • Category: Art Market, Blog
    No Comments

      Our very own Rena Neville, Head of FCS Compliance Art Division will be an expert panelist at ArtLogic’s Connect ’24 Event, 19 – 21 November. ‘Connecting those who create, sell, and buy art to learn and grow together at the online conference for the art world.’  What to expect Join Connect 2024 to explore

    read more

  • Latest Fines From HMRC Are Impacting EABs

    • January 24, 2024
    • Posted by: FCS Compliance
    • Category: News, Property Market
    No Comments
    Latest Fines From HMRC Are Impacting EABs

    Latest Fines From HMRC Are Impacting EABsWritten by Caroline Walters AICA, Director of Operations, FCS Compliance In October 2023, HMRC updated its list of Estate Agency Businesses (EABs) who have fallen short of meeting their Anti-Money Laundering (AML) obligations. The vast majority, of the approximately 70 plus EABs that have been fined, failed to register

    read more

  • Update From The Financial Action Task Force (FATF) – October 2023

    • January 24, 2024
    • Posted by: FCS Compliance
    • Category: Art Market, News, Property Market
    No Comments
    FATF Update

    Update From The Financial Action Task Force (FATF) – October 2023Written by Suzanne White AICA Cert (KYC/CDD), Senior AML Consultant – FCS Compliance In the international fight against money laundering The Financial Action Task Force (FATF) identifies jurisdictions with weak measures in place to combat money laundering and terrorist financing. They issue two documents 3

    read more

  • Latest Fines From HMRC Are Impacting AMPs

    • January 24, 2024
    • Posted by: FCS Compliance
    • Category: Art Market, News
    No Comments
    HMRC updated fines for AMPs

    Latest Fines From HMRC Are Impacting AMPsWritten by Rena Neville, Head of FCS Compliance – Art Division In October 2023, HMRC updated its list of Art Market Participants (AMPs) who have fallen short of meeting their Anti-Money Laundering (AML) obligations. The vast majority of the approximately 30 AMPs that have been fined failed to register

    read more