Money Laundering Regulations 2007 and with the Money Laundering, Terrorist Financing and Transfer of Funds (Information of the Payer) Regulations 2017 obligates estate agents to implement procedures to prevent money laundering, by confirming the identity and / or identities of all vendors / sellers, landlords and buyers of property.
This means we are legally obliged to have on file, as we are supervised by Her Majesty's Revenue and Customs (HMRC), under the Money Laundering Regulations 2007 and with the Money Laundering, Terrorist Financing and Transfer of Funds (Information of the Payer) Regulations 2017, the following documents:
All documents above to be submitted in full colour scan or to be presented in person.
Meaning of customer due diligence measures
Regulation 5 : "Customer due diligence measures” means—
Money Laundering Regulations – Our Responsibilities:
Stonelink International (London) Limited | Money Laundering Regulation Registration Number: 12746893
HMRC Anti-Money Laundering Supervision Registration Number: XYML00000108367