The UK is awash with Russian money, often hidden in vast amounts of property from country houses to expensive flats in prime central London locations.
With the new Economic Crime Act and ongoing sanctions, estate agents are feeling the heat as HMRC clamps down on dirty money.
New technology can automate anti-money laundering (AML), know your client (KYC), politically exposed persons (PEPs), and sanctions checks to reduce the risk for agents.
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