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Russian money probe may reverse the decline in estate agency AML fines

News Team, 10/03/2022

Research from Credas, an identity verification service provider, has revealed that there has been a decline in the sums being fined to the estate agency sector as a result of non-compliance with regard to money laundering.

Despite this fall, the sector does still account for the second largest proportion of fines issued.

Since 2017, almost £37 million has been issued by HMRC across the nine supervised sectors in ...


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