All posts tagged "real estate agents"
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10.5KAML / KYCUS Real Estate the ‘Preferred’ Money Laundering Destination: GFI
Lawyers, real estate agents, investment advisers, and bank employees have repeatedly facilitated money laundering through US real estate by HNWIs and PEPs.
August 13, 2021 -
109AML / KYCNZ Issues AML/CFT Advisory On Sight Unseen Property Purchases
Sight unseen real estate purchases are an attractive method of money laundering and terrorism financing, the Department of Internal Affairs says.
July 13, 2021 -
290AML / KYCWEF Offers Framework to Help Prevent Illicit Financial Flows
The "Unifying Framework" published this month sets out five core practices for gatekeepers to use to identify and respond to potential illicit activity.
June 16, 2021 -
467AML / KYCAustralia Lags Regional Peers on DNFBP Regulation: Report
Australia is sending a message to financial criminals around the world that its lawyers, accountants and property market are open for business.
April 3, 2021 -
599AML / KYCAustralia: AML Bill Passes Senate, DNFBP Amendment Rejected
An AML bill introduced last October has passed the Senate but without last month's amendment to include real estate agents, accountants, lawyers.
December 14, 2020 -
4.2KAML / KYCAUSTRAC Wants Lawyers, Accountants Under its AML Remit
AUSTRAC chief Nicole Rose expressed concerns that professional facilitators are being used to evade money laundering detection.
October 23, 2020 -
1.8KAML / KYCFATF Upgrades China on Three Recommendations in Follow-up
This is to reflect progress on regulating online lending, guidance issued to online lending and other DNFBP sectors, and China's prohibition on virtual asset activities.
October 2, 2020 -
1.2KAML / KYCS. Korea AML/CFT Framework Significantly Strengthened: FATF
Korea demonstrates effective cooperation among local authorities, the private sector and foreign counterparts; and effective use and development of financial intelligence.
April 19, 2020 -
2.0KAML / KYCMalaysia Replaces AML/CFT Framework with Two Policy Documents
The first document is for banks, insurers, money services businesses and payments providers. The second is for NBFIs and DNFBPs, including lawyers, accountants, casinos, real estate agents and trust companies.
January 3, 2020 -
1.1KAML / KYCSingapore Re-Rated on Four FATF Recommendations
Singapore is still rated 'partially compliant' on three FATF Recommendations for technical compliance, and will remain in enhanced follow-up.
November 19, 2019
