Written Question·Treasury·UIN 67271
Money Laundering: Regulation
Tabled: 11 July 2025
Answered: 21 July 2025
Question
Edward Morello
Liberal Democrat — West Dorset
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential impact of anti-money laundering regulations on transaction times in property conveyancing.
Answer
Emma ReynoldsUnder the Money Laundering Regulations, estate agents and legal professionals must apply customer due diligence measures to mitigate the risk that property purchases are used to launder the proceeds of crime. These measures include checking and verifying ...
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