UK: MONEY LAUNDERING REGISTRATION NOW OPEN FOR LETTING AGENCIES

On 26 May, Arla Property Mark reported that AML/CFT registration for UK letting agencies is now open with HMRC – the supervisory body for the property sector.  Due to an IT system update HMRC’s online register for letting agents has only just been made operational.  Estate agencies who are already registered with HMRC but undertake activity as a letting agency will need to inform HMRC.

https://www.arla.co.uk/news/may-2020/money-laundering-registration-now-open-for-letting-agencies/

 

 

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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