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Guernsey estate agents come under close money laundering scrutiny

News Team, 10/04/2024

Guernsey's financial regulator has published the results of its investigation into the financial crime controls implemented by businesses in the estate agency, legal and accountancy services sectors, revealing that five areas needed improvement, none of which were specific to any one sector.

The results concluded that while source of funds and source of wealth (SOF/ SOW) were viewed as being on par with financial services business, there is still some way to go to ensure that sufficient corrobor...


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