DON'T LET AML LEGISLATION KEEP YOU AWAKE AT NIGHT

Agents can now sleep well (and stay out of the headlines!) with Comply ASAP 

AML is a hot topic, which has recently hit the headlines, and it remains a key concern for the property sector in particular. Rarely a week goes by where we don’t hear of cases of agents falling foul of the tightening legislation, with many failing to meet their required AML obligations. Regulation enforcement is really taking centre stage right now, and rightly so. 

At ASAP our focus has always been around streamlining the whole sales process by enabling faster transaction times and supporting an improved client experience. As part of this, we have always offered AML checks. In the wake of the recent spate of news, and based on our knowledge of agent processes, we knew that the time had come to take our AML service to the next level. 

Therefore, after many months of development and testing, we are extremely proud to launch Comply ASAP - our new enhanced due diligence AML checking service. Including full biometric and address verification, ID document authenticity checks and a comprehensive suite of anti-money laundering checks, Comply ASAP is a really robust service, because we knew it had to be. 

Forgeries have become ever more sophisticated – meaning they are far harder to spot. Comply ASAP’s leading-edge software can easily detect if documents have been falsified. This is imperative if an agent wants to ensure they have carried out their due diligence, and that they’ll be kept out of the headlines!

The new process complies with the very latest HMRC regulations and helps agents to minimise any risk of being fined for inadequate processes. In today’s competitive environment, agents need to provide a smooth and well-connected client experience, in order to support faster transaction times and Comply ASAP does just that. 

For agents using ASAP’s recommended network of solicitors, there is a further advantage as they will accept the same ID check. This avoidance of duplication of checks saves your client’s time and money.

At the end of the day, agents who know they not only provide the best service levels, but also comply with their legal obligations will sleep well at night! 

To find out more about how you can protect your Estate Agency with Comply ASAP – Click here