On Wednesday 8th February, the Clifton Agency team attended an informative and thought-provoking Anti-Money Laundering (AML) Seminar.
The panel comprised leading individuals from the UK Government’s AML Supervisory Authorities responsible for overseeing and regulating the real estate sector. It was a unique opportunity to hear from and to be given the chance to pose questions to those shaping the AML and Sanctions Regulations landscape affecting the real estate industry.
The seminar was kindly arranged and led by Philip Olmer, Founder of Compliance on Demand and the panellists included:
Alan Patrick
Strategic Lead, Estate Agency Businesses, HMRC, responsible for supervising the estate agency sector’s compliance with AML regulations.
Martin Cox
Senior manager, UK Financial Intelligence Unit Economic Crime Command at the National Crime Agency.
Alex Hood
Head of Licencing at the Office of Financial Sanctions Implementation, responsible for Russian individuals and Belarus sanctions.
Geraldine Mash
Head of Compliance, CBRE
It was extremely useful to learn about how the government is working with regulators to protect the economy from sanctioned & politically exposed people as well as making it harder for those trying to limit exploitation.
Jacob Ziff commented:
“We were delighted to be invited to such an interesting seminar by Compliance on Demand who advise Clifton Agency on our AML protocols. Some valuable CPD time recorded and some excellent pre-seminar Pain au Chocolats helped make the morning more memorable.”
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