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Anti-Money Laundering Foundation Course 


All estate and letting agents dealing with high value property are required to comply with:

  • Anti-Money Laundering Regulations.
  • Anti Bribery Act.

Agents must also comply with the Proceeds of Crime Act.

Employers must also ensure that their staff have had training on AML law and risk. This course is designed to do this to the standard set out by the estate and letting agency AML regulator, HMRC.

HMRC requires that agents have specific training on the policies and procedures used in their specific firm. This course cannot fulfil that requirement and so some additional training will need to be provided within your branch organisation.

Please note, the AML Course is only available to Rightmove customers. You must use your branch or office email address. (E.G John.Smith@MyAgency.co.uk) Personal accounts (John.Smith@gmail.com etc) and shared email accounts will not be accepted.

Exclusive to Rightmove members at no extra cost. RRP £195 per person. 

An introduction to Anti-Money Laundering 

This module gives an overview of the law relating to Anti-Money Laundering. It starts by asking why we bother with AML at all. It then covers the key pieces of legislation and what they focus on. It then explains when the specific obligations apply for estate and letting agents before finishing with an explanation of your obligations to make reports of suspicious activities.

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Client Due Diligence – CDD

This module focuses on Client Due Diligence or CDD. It explains what CDD is and the different types of CDD, when they should be used, and how to do them in practice. It also looks at the concepts of Politically Exposed Persons (PEPs) and sanctions, what these mean, and what you should do about them. Finally, it talks about source of funds and the important place of this check in the CDD process.

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Anti-Bribery

Sitting along side AML is Anti-Bribery. This module is focused entirely on the Bribery Act 2010 and its associated guidance. It starts by setting out what the law means by bribery and what the offences are. It then gives a range of practical examples of things that might be bribery. It then deals with the difficult area of hospitality and inducements which form a somewhat blurred line with bribery.

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Please note, the AML Course is only available to Rightmove customers. You must use your branch or office email address. (E.G John.Smith@MyAgency.co.uk) Personal accounts (John.Smith@gmail.com etc) and shared email accounts will not be accepted.

View the advanced course here

  To satisfy the HMRC, anti-money laundering (AML) training should be:

  1. Relevant to the sector and role

Your team needs to have training on an appropriate range of financial crime risks relevant to their role and seniority as a property professional.

How our course delivers:  Our trainer, David Smith is a property solicitor who specialises in regulation including Client Money Protection, data protection and AML for property professionals.  Our foundation course provides essential knowledge for all staff and our more advanced course is aimed at senior staff who are exposed to higher financial risk.

  1. Of consistent quality and up to date

Put your entire team through our AML training to train them to the same standard.

How our course delivers:  Our on-demand content ensures that everyone in your team has access to the same high-quality content created by a property solicitor with the latest advice for property professionals. Put the refresher training into your teams diaries on regular basis.

  1. Ready and available for new staff as soon as they start

The HMRC expects that any of your team in customer-facing positions must undertake their AML training before they interact with customers.

How our course delivers: Available on-demand, our training can be completed by a new starter at the start of their induction, allowing you to get on with your own tasks while they work their way through each module.

  1. Practical and with some form of testing

The HMRC advises that AML training should be practical and include assessments. The HMRC also specifically calls out poor practice as failing to identify training needs – testing with will also help you identify members of your team who are struggling with the topic and may need extra support or guidance.

How our course delivers: Every module is followed by a test so that you can demonstrate your adherence to HMRC’s best practice if it were ever needed.

  1. Logged and tracked with full employee training history

The HMRC specifically warns against failing to keep financial crime prevention training logs or tracking of employee’s training history.

How our course delivers: This course is CPD accredited and we’ll provide a certification of completion.  Keep a record of all your team’s certificates so that you have them to hand.