The revelations in The Pandora Papers have added new pressure on the government to strengthen defences against ‘dirty money’ and are a stark reminder to agents that property is often money launderers’ favoured modus operandi.
HMRC regularly conduct independent inspections to ensure anti-money laundering compliance by businesses at greatest risk, and these are typically held at short notice, so it is vital that agents are fully prepared.
We’ll be joined by Malcolm Driscoll, who served 30 years in the police, and has an in-depth knowledge of how criminals launder on a global scale. He is now Lead AML Consultant at FCS Compliance and will discuss the latest actions being taken by HMRC to ensure that firms are compliant.
This webinar will answer these questions:
• What can you expect to happen in an HMRC inspection?
• What should an agent do to ensure AML compliance with the latest Money Laundering Regulations?
• What additional measures should you take to protect your business from being victim to money launderers?
• What are the penalties for non-compliance?
Sign up for "Are you ready for a HMRC inspection?"