Jan

Propertymark says banks are still misinterpreting AML rules

admin

Propertymark says that letting agents still face difficulties maintaining their pooled client accounts from high street banks that are still misinterpreting anti-money laundering (AML) regulations.

The organisation says it is regularly engaging with banks, industry bodies and government officials on behalf of members who have had accounts closed or restricted unnecessarily.

View Full Article: Propertymark says banks are still misinterpreting AML rules