Money Laundering
Commons · Question 68263 · Tabled 15 Jul 2025 · Treasury · Official record
Answered 21 Jul 2025
Question
Asked by Edward Morello
To ask the Chancellor of the Exchequer, whether she plans to review (a) anti-money laundering laws and (b) guidance applicable to property lawyers.
Answer
Answered by Emma Reynolds, 21 Jul 2025
Under the Money Laundering Regulations, estate agents and legal professionals must apply customer due diligence measures to mitigate the risk that property purchases are used to launder the proceeds of crime. These measures include checking and verifying ...