Author: Niall Hearty 22 August 2023
With research indicating that billions are being stolen in the UK every year due to companies’ anti-money laundering (AML) failings, Niall Hearty wrote about the risks facing estate agents.
In an article that was published by Estate Agent Today, Niall describes how companies are not carrying out the checks necessary to prevent money laundering.
Niall details the obligations that estate agents and other regulated companies have to meet under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
He explains why the estate agency sector is attractive to money launderers, the importance of estate agents taking the steps necessary to prevent money laundering - and the consequences of failing to do so.
The full article can be read here.
Niall has a wealth of corporate crime expertise and an ability to coordinate global bribery and corruption cases. His achievements in such investigations have made him a logical choice for corporate clients.