AML Compliance - Real Estate Sector

Are you a real estate broker?

Warning: reading this could potentially save you from a 500k fine.

7 step checklist to make sure you’re compliant with AML regulations.

1. How to register for anti-money laundering supervision

2. Avoid accusations of facilitating or financing terrorism

3. Ensuring you don’t onboard criminal clients

4. Risk assess your leads to avoid taking on headache clients

5. Record keeping process to keep the auditors satisfied

6. Ensure your accounting system records information correctly

7. Know the legal requirements for AML audits