One of the most prevalent ways for criminals to launder money and move illicit monies is through real estate transactions. As a result, real estate brokers are required to follow AML standards in order to prevent the passing of unlawfully obtained funds through them.
Because real estate transactions typically involve big sums of money, money launderers may be tempted to try to conceal a huge amount of unlawful monies at once. It’s also simple to hide the owner of the property being bought or sold, and the fact that property markets appreciate makes this even more tempting.
We provide an AML Service which includes analysis of transactions, reduction of risk and awareness of your accounting department to avoid those problems in your company. To learn more, please fill up the form below: