letting agents
-
“Simply brilliant.” Agents get answers to their AML questions at our live Q&A on the Rightmove Hub.
- June 15, 2021
- Posted by: FCS Compliance
- Category: News
No Comments
As news continues to filter through of more agents receiving formal requests from HMRC for proof of AML compliance documentation, it is perhaps no surprise that the latest Q&A session by FCS, held today on the Rightmove hub, attracted so many agents across the UK.
-
Q&A with Jerry Walters – why the AML clock is ticking for letting agents
- May 22, 2021
- Posted by: FCS Compliance
- Category: Press
With property fraud on the risk and an ever-increasing number of transactions taking place in the lettings sector, having strict anti-money laundering (AML) processes and protections in place has become more important than ever as the private rented sector continues to grow in size.
-
Face up to it
- March 11, 2021
- Posted by: FCS Compliance
- Category: Press
Property is an increasingly attractive way of laundering money. In fact, the latest UK National Risk Assessment (published in December 2020) raised the money laundering risk score for the property sector overall from ‘medium’ to ‘high’ – highlighting the attractiveness of bricks and mortar as a fraudulent facade.
-
FCS Compliance partners with tenant referencing and lettings insurance company HomeLet
- February 11, 2021
- Posted by: FCS Compliance
- Category: News
FCS Compliance today announced a new partnership with the UK’s largest tenant referencing and lettings insurance company, HomeLet, to bring anti-money laundering (AML) services to their clients.
-
Let Alliance partners with FCS Compliance to deliver Anti-Money Laundering services
- November 4, 2020
- Posted by: FCS Compliance
- Category: News
FCS Compliance announced today, a partnership with letting services provider, Let Alliance, to bring anti-money laundering (AML) services to their clients.
-
Upmarket letting agents face substantial changes after new AML come in, warns expert
- December 19, 2019
- Posted by: FCS Compliance
- Category: Press
Jerry Walters, chief of LonRes-owned firm FCS Compliance, says changes will affect how deposits and rent are received and require landlords and tenants to be checked. As property professionals struggle to get to grips with the 4th EU anti-money laundering (AML) Directive, along comes the 5th due to come into force by the 9th January
-
5th EU AML Directive Guidelines
- December 10, 2019
- Posted by: FCS Compliance
- Category: Blog, News
UPDATE: 9 January 2020 As of today, the details for the amendments to the 5th EU Anti-Money Laundering (AML) Directive have now been confirmed. From 10 January 2020, lettings agents will need to adhere to the latest legislation or risk significant penalties from HMRC. What are the key points to be aware of? Lettings agents
