UK: Suspicious Activity Reports Filed by Estate Agents Only 0.2% of Total

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The number of estate agents reporting potential money laundering activities has risen but still represents only a tiny proportion of all reports.

A new report says that in the 18 months between October 2015 and March this year, there were 766 Suspicious Activity Reports by estate agents.

This represented just 0.2% of the total number of the 634,113 reports during the period.

The 18-month figure compares with a 12-month period when the National Crime Agency reported that between October 2015 and September 2016, there were 514 reports by estate agents, again representing just 0.2% of the total.

Read the original article here: propertyindustryeye.com


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