We provide audit & consulting services to support Real Estate companies in complying with their AML/CFT obligations.
Inherent Risk
The use of real estate in ML/TF is well-known and demonstrable. FIU research indicates real estate is the ML asset of choice. In addition, this sector has low levels of AML/CFT awareness and sophistication. As such, this sector presents a medium-high inherent ML/TF risk.
Captured Activities
The AML/CFT Act is activities-based and real estate agency work (within the meaning of section 4(1) of the Real Estate Agents Act 2008) is one of the covered activities. Managing client funds (other than sums paid as fees for professional services), accounts, securities or other assets is another of the covered activities.
How We Can Help
We’ve enabled over 1000+ reporting entities with their AML/CTF obligations. Get in touch with one of our qualified specialists today.
We’re proud to assist small to enterprise-scale businesses across all sectors
