Who Are Smart Compliance and How Can We Help You?
Smart Compliance is a fully managed, HMRC-guaranteed anti-money laundering (AML) solution, powered by Lifetime Legal. We handle all AML checks, including enhanced due diligence, for estate agents. From probate to company sales and power of attorney transactions, we manage all the extra documentation needed to meet HMRC guidelines. You simply order a compliance pack and […]
Smart Compliance Plus: AML, Material Info, and TA Forms in One Place
Smart Compliance Plus is an all-in-one solution covering anti-money laundering (AML), material information, and compliance with both HMRC and Trading Standards regulations. Powered by a partnership with proptech innovator Kotini, this service simplifies the compliance process, saves time, and improves the client journey. Key benefits include: No extra work for estate agents when ordering a […]
Material Information: What Estate Agents Need to Know
Material information is governed by National Trading Standards, and agents are now required to disclose key information in line with Parts A, B and C of CPR legislation. Most agents use property information questionnaires, but this can result in double keying and unverified data. Copying information from websites without confirmation from the seller leaves agents […]
Case Study with Sarka Wilde of Distinct Properties
Case Study with Sarka Wilde of Distinct Properties Distinct Properties, an esteemed estate agency based at the edge of North Cotswolds and North Oxfordshire, has revolutionised its operational efficiency and client service through a strategic partnership with Smart Compliance for anti-money laundering (AML) checks. Sarka Wilde, the founder of Distinct Properties, shares the significant changes […]
Smart Compliance Celebrates Preferred Supplier Partnership with Relocation Agent Network (RAN)
Smart Compliance is excited to announce our partnership with the Relocation Agent Network (RAN) as a preferred supplier. This partnership is a continuation of a collaboration that began last year, resulting in Smart Compliance being awarded the Best Supplier Award in November 2023, as chosen by RAN’s network of 650 estate agents. A Shared Vision […]
Document Submission and Certification Requirements
As an Estate Agent, it is essential to know which documents are required to establish client identity and comply with Anti-Money Laundering (AML) regulations. This guide will walk you through the necessary steps and the documents you need to obtain from your clients in these situations. Proof of identity (photo ID) For clients who opt […]
Introducing Agent Membership
A Big Thank You to Our Partnering Agents. Introducing Agent Membership! We’re thrilled at Smart Compliance to unveil Agent Membership, an exclusive service upgrade aimed at expressing gratitude to our partnering agents. Effective immediately, we are delighted to offer a complimentary Lifetime Legal membership to all Estate Agents as a token of thanks for their […]
2023 A Year in Review
February marked our first anniversary! Curious about our progress? Watch the video below. It’s filled with milestones and important stats from our journey so far. Key Facts from 2023: The largest AML fine issued to a single-branch agency exceeded £92,000 due to non-compliance 8% of seller packs produced were for probate sales, and 8.4% were […]
The Limitations of Technology in Anti-Money Laundering
The UK property market is vulnerable to money laundering due to the large amounts of money involved in property transactions, making it an attractive target for criminals. Estate agents recognise and embrace the potential of technology as a part of the solution to this problem; however, when it comes to combating money laundering in the […]
Celebrating another year of partnership with Propertymark
Celebrating another year of partnership with Propertymark We are thrilled to announce that Smart Compliance and Propertymark are once again joining forces for another year of collaboration. As an Industry Supplier for Propertymark, this partnership signifies our joint commitment to providing invaluable support and guidance to estate agents navigating the complex landscape of Anti-Money Laundering […]
