Rightmove and FCS Compliance have revealed the latest anti-money laundering (AML) webinar, as part of its wider series.
Looking at the ’10 most costly AML mistakes business make and how to avoid them’, the hour-long webinar will take place from 10.00 am on Wednesday 22 May 2024.
The webinar is free for all Rightmove members.
Hosted by Malcolm Driscoll, lead AML consultant at FCS Compliance, the session will look at the 10 most common compliance pitfalls, instances of recent fines imposed on estate agency businesses, and the consequences of non-compliance – from fines to deal fall throughs and ultimately reputational damage.
Driscoll said: “HMRC has just announced that a further 254 estate agencies have been fined for non-compliance.
“This highlights the fact that many businesses are falling short of the requirements expected by HMRC Inspectors.
“In the case of customer due diligence (CDD), short cuts errors and oversights are all too often leading to the derailment of deals and lost business opportunities. Much of this is avoidable.”
