One of the final acts of the Office of Fair Trading before it was disbanded on 31 March 2014 was to penalise three firms of estate agents for anti-money laundering failures. Hastings International UK Limited is an estate agent with two premises in south London and was fined £47,966. Jackson Grundy Limited operates its estate […]

The Money Laundering (Amendment) Regulations 2012 – Amendments to the Money Laundering Regulations 2007 came into force on 1 October 2012, but what effect will these have on practitioners? The answer in most cases is likely to be ‘little or none’. It is now five years since the Money Laundering Regulations 2007 were introduced. HM […]