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Anti-money laundering: only 1 in 300 foreign deals triggers a 'red flag'

  • 12th October 2017
  • News
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One one in every 300 property purchases by overseas buyers trigger a so-called ‘red flag’ with the National Crime Agency – and that’s a cause for concern according to an anti-money laundering consultancy.

Fortytwo Data says in Britain some 1.2m property deals created only 355 Suspicious Activity Reports in the year…
Source: Estate Agent News

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