Summary

This programme educates real estate professionals on detecting and preventing money laundering in property transactions. It addresses the industry's susceptibility to high-value cash purchases and complex ownership structures.

This course is one of several courses within the Certificate in Cross-Sectoral Vulnerabilities. If you wish to achieve this award, you must complete this course along with all other mandatory courses in the associated learning plan.

Audience

This course is designed for those working in, or interested in the real estate, brokerage or compliance sector and who need a fundamental understanding of AML issues, practices and regulations and their importance in preventing financial crime.

Course Objectives

• Understand the concept of money laundering and its connection to the real estate sector

• Identify the AML regulations applicable to real estate agents

• Recognise red flags and suspicious behaviours that may indicate money laundering

• Apply Customer Due Diligence (CDD) and Know Your Customer (KYC) measures

• Implement Customer Due diligence (CDD) and reporting procedures

• Apply best practices to prevent money laundering through real estate transactions 

Course Structure

• Section 1: Introduction to Money Laundering in the Real Estate Sector

• Section 2: AML Regulations for Real Estate Agents

• Section 3: Recognising Red Flags in Real Estate Transactions

• Section 4: Customer Due Diligence (CDD) for Real Estate Agents

• Section 5: Reporting Suspicious Activity and Compliance Obligations

• Section 6: Best Practices for preventing Money Laundering in Real Estate

• Section 7: Case Studies

• Knowledge Evaluation

Duration & CPD Hours

This course should take you between 45 and 90 minutes, depending upon your pace of learning. Additionally, this course is accredited by The CPD Certification Service and carries 1.5 CPD hours.