After months of uncertainty, estate agents are increasingly busy as home movers scramble to take advantage of the stamp duty holiday. However HMRC are not taking a break from scrutinising agents over their level of compliance with anti-money laundering (AML regulations). Last month HMRC issued a fine of £266,793 to online estate agency business Purplebricks following findings that the company had breached the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
Read more
(0)20 3051 2049