Iamproperty smell the difference whitepaper SMC V003 - Flipbook - Page 12
12
Managing AML compliance
Key recommendations for
Estate Agents:
Have a
structured and
robust process
so that all staff
know the AML
process to
ensure every sale
is compliant.
Ensure you are using a good
risk assessment tool to indicate
the risk potential of buyer /
seller, and taking a risk-based
approach.
Ensure business-wide take up of
annual training.
Get advice from an expert and/
or use a software tool to help
give you confidence you have
compliance covered.
Undertake in-depth ID checks.
