Financial Crime

This is the location for members to seek information and guidance regarding precautions to be taken to protect against financial crime.

Money Laundering Guidance

HM Treasury have formally approved this guidance. This means that designated authorities must consider whether this guidance has been followed when deciding whether a person has failed to comply with the Money Laundering Regulations. The guidance has been formally approved for the purposes of section 330(8) of the Proceeds of Crime Act (2002), and the guidance which deals with the Terrorism Act (2000) has also been formally approved by HM Treasury for the purposes of section 21A(6) of that Act.

NFOPP has worked in conjunction with the RICS, the Association of Relocation Professionals, and the Association of Residential Managing Agents, to produce revised guidance for all members in relation to:

  • Proceeds of Crime Act
  • Terrorism Act
  • Financial Sanctions
  • Bribery Act
  • Money Laundering Regulations
  • AML Supervision

The new guidance also includes sector specific guidance intended to assist property professionals working in different disciplines to understand how the obligations apply to them.

Download the PDF Version or View the Web version

Bribery

These checklists have been devised to try and assist corporations with the process of devising their own adequate procedures, which are appropriate to the specific risks posed to the individual corporations. Not all of the points will be relevant to all corporations, and the checklists may not be exhaustive.

The lists are reproduced with the kind permission of Wragge & Co LLP. Members who require assistance with devising their firms procedures may wish to instruct Wragge & Co whose contact details appear at the end of each list.

Bribery Act Policy Guidance

Risk Assessment Checklist Bribery