aml
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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
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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
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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
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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
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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
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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
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Rightmove: Are you ready for an HMRC inspection? Watch the webinar recording
- July 30, 2023
- Posted by: FCS Compliance
- Category: News, Property Market
On Wednesday 19th July, Rightmove agents heard from Lead AML Consultants, Malcolm Driscoll and Caroline Walters, in a live Q&A webinar on the hot topic of HMRC inspections. On top of this invaluable Q&A session, Rightmove agents got to hear Malcolm and Caroline’s expert views on: • The essential aspects of the Money Laundering Regulations•
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Property Market News: HMRC issues £3.2 million in money laundering penalties
- July 14, 2023
- Posted by: FCS Compliance
- Category: Blog, News, Property Market
Property Market News: HMRC’s Latest Fine List Totals £3.2MWritten by Caroline Walters, Lead AML Consultant, FCS Compliance HMRC has published details of the latest businesses fined for breaching anti-money laundering (AML) rules. The HMRC list, which includes the publication of estate agency fines, shows that the sector accounts for the largest number of AML fines
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AML Supervision Reform Webinar 13.07.23
- July 13, 2023
- Posted by: FCS Compliance
- Category: News
AML Supervision Reform webinar – 1:00pm on 13.07.2023 HMRC held an AML Supervision Reform webinar at 1:00pm on 13 July. They were informing supervised businesses about the outcome of a consultation they held following the publication of the 2022 review of the UK’s AML/CTF regulatory and supervisory regime. They discussed what they intended to do
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Meet Leah Ryan – AML Consultant, FCS Compliance
- July 10, 2023
- Posted by: FCS Compliance
- Category: Blog, Promotion, Property Market
Find out more about the AML experts at FCS. In this interview, FCS PR Director, Alison Blease introduces you to FCS AML Consultant, Leah Ryan – AICA (KYC/CDD): Today I’m with Leah Ryan, AML consultant with FCS Compliance. It’s lovely to see you. You’ve been working for the company since August 2022. How has the
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FCS experts answer AML questions in live Q&A webinar to help Rightmove agents prepare for HMRC inspections
- June 6, 2023
- Posted by: FCS Compliance
- Category: News
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 ant
