Real estate agents face costs to meet new money laundering rules

Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Real estate agents face new and ongoing costs – including refusing to do business with customers whose credentials they can’t verify – to meet tough new anti-money laundering and counter-terrorism financing laws when they come into place in 18 months. New legislation that expands the fight against dirty money to real estate agents, accountants and lawyers will, from March 2026, put these professions on par with banks on other financial services in scrutinising clients and at risk of hefty fines if they don’t.

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