What are the risks to property investors if their sourcing agent breaches anti-money laundering rules?
Quick Answer
If your sourcing agent breaches AML rules, you could face legal penalties, asset forfeiture, reputational damage, and financial losses due to complicity or association with illicit funds.
About This Topic
Understand the severe risks of a sourcing agent's AML breach for property investors, from legal penalties and asset forfeiture to financial losses.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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