In the ever-evolving property market, ensuring compliance with Anti-Money Laundering (AML) regulations is crucial for Estate Agents. The £1.6 million fines imposed by HMRC recently have further highlighted the necessity of being compliant within the industry. How can Estate Agents stay AML compliant? As you all know AML regulations are designed to prevent the real estate […]
Imagine a financial landscape where banking information flows seamlessly between institutions, fostering a haven of transparency and ease in compliance procedures. Welcome to the world of open banking, a revolutionary concept that could considerably streamline the compliance process for banks and businesses alike. Let’s delve into how open banking can be a game-changer in the […]
