Posts Tagged ‘AML’
Why You Must Take Compliance Seriously
Almost every week we read about another letting agent who has had to pay an enormous fine for a compliance mistake but if my experience is anything to go by a great many letting agents are still making elementary compliance mistakes. So what are the most common problems that I am seeing? The first is…
Read MoreThe True Cost of Anti-money Laundering (AML) Rules
Everyone agrees that money laundering needs to be stamped out and the recent sanctions against Russia have drawn further attention to the problem. However, the current rules are cumbersome and inconvenient for customers to comply with. They are also expensive for companies to implement, and I am becoming increasingly doubtful about how effective they are…
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