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Estate agents fined for breaching AML regulations

19 October 2022
Issue: 4861 / Categories: News

HMRC named 68 estate agents that have been fined a total of £519,645 for not complying with anti-money laundering regulations.

The full list is published on GOV.UK and shows 175 businesses receiving penalties totalling £2,180,708. On the previous list, published in May, 147 businesses, including 41 estate agents, received penalties totalling almost £800,000.

This latest round of penalties also sees the first business in the arts sector being fined.

 

Issue: 4861 / Categories: News
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