Estate agents in the UK face a significant challenge in complying with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, or MLR 2017. The consequences of non-compliance are severe, including hefty fines and reputational damage. Despite efforts like partnering with compliance companies or attempting the ‘Do-It-Yourself’ route, many agencies still fall short due to the complexity of the requirements or a lack of appreciation for their legal obligations. As HMRC’s regulatory inspections loom, the question arises: are you truly prepared?
JW Risk Management offers a robust solution with its Estate Agent Compliance Audit. Our ‘Mock Audit' thoroughly assesses your compliance readiness, highlighting any gaps and providing expert guidance to address them. We also specialise in crafting Business Risk Assessments and Policy, Controls, and Procedures documents tailored to your agency's needs. With our support, you can face inspections confidently, safeguarding your business from potential penalties and ensuring legal compliance.
Are you an Estate Agent based in the UK? Don’t wait until it’s too late!
