The Fifth Money Laundering Directive
Webinar recorded live:
Categories:
Guest speakers & industry specialists,Legislation
The 5th Money Laundering European Directive has now been transposed into UK law. In anticipation of HMRC guidance, Mark Hayward, NAEA Propertymark Chief Executive joins us live to illustrate and explain common queries and misconceptions before going into the Q&A – giving clarity for both sales and lettings agents.
Mark Hayward is the Chief Executive of NAEA Propertymark and, having run a UK wide operation for one of the main high street banks, has extensive experience in sales, lettings, auctions and property management. Mark has worked closely with HM Government, in particular with Treasury, BEIS, the Home Office, Cabinet Office, Ministry of Justice, and with MHCLG helping shape legislation. In addition, aiding HMRC and NCA in identifying areas of risk around AML with emphasis on UWO and, in future, providing a Register of Overseas Beneficial Ownership.
Government’s intention to regulate the industry resulted in the formation of ROPA (Regulation of Property Agents) group on which Mark sat.
He is on the Board of The Property Ombudsman, TDS (Tenancy Deposit Scheme), and the government’s Economic Crime Strategic Board.
