Money Laundering Regulations 2007

IMPORTANT Do not Ignore this requirement to register with the OFT

OFT have launched compulsory registration for Estate Agents which became live on 31 July 2009. If you are caught by this new registration you must be on the OFT register within six months of the start of registration; that is by the end of January 2010. 

The OFT has 45 days to complete the registration process starting on receipt of an application. We recommend that businesses do not leave the application process until the end of the period – and certainly not less than 45 days before the end of January 2010. We suggest that businesses apply for registration no later than the end of November 2009 to avoid being caught in the predicted peak of registration applications which is preceded by the Christmas period.

Please go to the link below to find out more; how you can register and what it costs.

www.oft.gov.uk/amlregistration

PFAST is a collaboration of the following companies: