Cedar House, Caen St, Braunton EX33 1AH

Anti-money laundering: agents must carry out independent audits

  • 1 year ago
  • 1

Estate agents have been urged to ensure they are carrying out an annual independent audit of their anti-money laundering (AML) processes.

ID verification platform Credas reminds agents that a yearly independent audit is requitred as part of 2017's 4th Anti-Money Laundering Directive.

The firm says the process is currently overlooked by many agents, but…
Source: Estate Agent News

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