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Estate Agents, Compliance and the Beautiful Game

28th June 2019

Money laundering is in the news again, and the reach is wide. This time, Belgian football club Anderlecht is caught up in the controversy.  Belgian police officers raided the offices of Anderlecht and the national football association as part of an investigation into money laundering involving agents and player transfers. The 2015 deal for Serbian striker Alexsandar Mitrovic is rumoured to be one factor that prompted the raid.

Politicians, banks, even private schools across the globe are under scrutiny in the fight against money laundering.

Making sure you’re compliant is the single most important thing you can do to protect your firm from fines, ex-communication from the HMRC and even imprisonment.

With all the other duties and joys of helping people move into their new home, compliance is a headache you can do without. However, ignoring your legislative responsibilities isn’t the way to go about it. We speak to estate agents every day who still do not understand the importance of staying compliant. Many do not know how to be compliant. We can’t stress enough being hazy on the details is a shortcut to yet another Disgraced Estate Agent headline.

At Landmark, we’re always looking for ways to make it easier for you to be compliant. It’s not just about getting to grips with current legislation. Within seven months, you’ll also have to be familiar with the new 5th AML Directive.

Landmark’s Compliance in a Box offers a suite of three solutions. Choose the package that suits your needs. Each is tailored to allow you the opportunity to increase efficiency, improve branch-wide consistency and get your staff away from admin and back in the field. Your dedicated account manager is on hand to answer any queries you have about the results.

Our Compliance in a Box solution is the most cost-effective way to manage your compliance. You will receive all the information about your client and the property to satisfy your responsibilities. With the option to add additional information where needed, this is the most complete anti-money laundering solution for firms of any size with any client volume.

Pay-as-you-go

  • Efficiency savings are the big winner here as you turn time-consuming manual processing into electronic checks returned in seconds
  • Ensures your AML records are fully auditable

Outsourcing Service

  • Save even more time by outsourcing your checks to our team of experts
  • Accurate reports, fully auditable, fast turnaround

Fully Integrated Service

  • Get rid of the need to log into third-party websites and reduce double-typing to make even more efficiency gains
  • Enjoy our innovative, seamless service you can access directly from your company website
compliance in a box

Protect your firm from the dangers of non-compliance. Find out more about our straightforward, fast, and easy Compliance in a Box service. Email us at eas@landmark.co.uk or call us on 01524 220013.

The client and experts view...

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