The total value of AML fines issued by HMRC has increased by 177% over the past four years²
Wednesday 25 February 10AM – 11:30AM
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An estimated £10 billion is laundered through the UK property industry every year¹. As a result, property remains under intense scrutiny in the National Risk Assessment, placing growing pressure on agents to demonstrate robust, consistent, and well-documented AML checks.
In this session, we were joined by two compliance experts- John Reynolds, Co-Founder and COO of Coadjute, the UK’s fastest growing AML service provider. Alongside, Laura Asioli, a leading financial crime lawyer. Together they shared a practical AML compliance checklist and outlined the evidence regulators expect to see.
⚠️How to identify high-risk clients and transactions
⚖️The key AML regulatory changes
📄 Documents agents can and can’t accept, highlighting red flags on real examples
👩⚖️Case studies of non-compliance among other agents
🤖The increasing risk of AI/fraudulent evidence
The total value of AML fines issued by HMRC has increased by 177% over the past four years²
In just six months, the most recent government list shows 170 agents were fined, totalling more than £835K³
Average AML fines for agencies now sit at £12,000, with some penalties exceeding £50,000⁴
John Reynolds is Co-Founder and COO of Coadjute, the UK’s fastest-growing AML service provider. With 30 years’ experience in governance, risk and compliance, he is an ISO 31000 expert, ICA member and creator of the Assured Compliance Framework. He has led major programmes for HM Land Registry, Mastercard and the Bank of England. He is also the author of Digital Bricks and Mortar.
Laura Asioli is Deputy General Counsel at White & Case LLP and a leading compliance lawyer, recognised for her expertise in preventing and combating economic crime. Her prior experience includes serving as Head of Financial Crime as well as advising global organisations on anti-money laundering and regulatory compliance.
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