HMRC
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Snoofa and FCS Compliance held an exclusive webinar for AMPs
- November 23, 2023
- Posted by: FCS Compliance
- Category: Art Market, News, Promotion
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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
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Art Market Participants (AMPs) tuned in to AML webinar to learn more about HMRC Interventions
- October 3, 2023
- Posted by: FCS Compliance
- Category: Art Market, News
Art Market Participants (AMPs) tuned in to AML webinar to learn more about HMRC Interventions Art Market Participants (AMPs) registered in the masses to attend last week’s webinar (26.09.2023) on the timely subject of HMRC Interventions and Avoiding Penalties from FCS Compliance Art Division. Missed the webinar? Catch up here. Held live on Tuesday 26
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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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AMPs: What is ‘a linked transaction’? and Why should you care?
- July 14, 2023
- Posted by: FCS Compliance
- Category: Art Market, Blog
Two Common Questions: What is ‘a linked transaction’? and Why should you care?Written by Paula Trommel, Head Advisor for FCS Compliance – Art Division It is easier to answer the second question than the first… Why should an art market participant (AMP) care whether an art market transaction is linked? Because… failure to detect a
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Art Market News: HMRC’s latest fine list totals £3.2m
- July 14, 2023
- Posted by: FCS Compliance
- Category: Art Market, News
Art Market News: HMRC’s Latest Fine List Totals £3.2mWritten by Rena Neville, Head of FCS Compliance – Art Division HMRC recently released a list of 240 of their supervised businesses that suffered fines totalling £3.2m for breaching the UK Money Laundering Regulations. The penalties were assessed between 1 July and 31 December 2022. In addition
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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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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
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How important is it for AMPs to maintain appropriate AML records?
- April 25, 2023
- Posted by: FCS Compliance
- Category: Uncategorized
How important is it for Art Market Participants (AMPs) to maintain appropriate AML records? Written by Rena Neville, Lead AML Consultant, FCS Compliance, Art Division The short answer? It is very important to keep appropriate AML records, as failure to do so may be a crime. The following Q&A delves into this further: Is HMRC
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FCS Compliance is ‘Highly Commended’ at The Negotiator Awards 2022
- November 28, 2022
- Posted by: FCS Compliance
- Category: News
The FCS team is again recognised by the judges at The Negotiator Awards 2022 and is ‘Highly Commended’ in the busy ‘Supplier of the Year: Products & Services (Business)’ category.
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FCS Compliance announces the latest in its AML series of webinars with Rightmove
- October 4, 2022
- Posted by: FCS Compliance
- Category: News
FCS Compliance has announced the latest in its anti-money laundering (AML) series of webinars with Rightmove. The Role of Reliance in Anti-Money Laundering on Tuesday 18 October.
