2013 February

Heavy Fine for agent failing to comply with AML obligations

The OFT has fined IPS Estate Agents Limited £11,844 for failing to comply with anti-money laundering regulations. This sends out a strong message to agents to ensure they have correct procedures in place to handle money laundering compliance. The Leicester based company had failed to comply with a number of requirements under the Money Laundering […]

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David's Philosophy

My clients take compliance matters very seriously and I have spend many years working proactively and reactively to provide them with cost effective solutions. My success is based, not only on the unique expertise I hold, but also around my ability to balance the need for compliance with commercial reality. Whatever your needs, I am happy to discuss them and the services we can offer to meet them on a no obligation basis. Email me at david@compliance-matters.co.uk or ring my office on 0161 727 0798

Our Latest Article


Significant changes to estate agents obligations were imposed by the new Money Laundering Regulations in June this year.  The big focus has been on the need to confirm the ID of buyers as well as sellers; however, the legislation also requires agents to make a number of other changes. HMRC also published guidance on how […]