News 2
February 17, 2020
20th May 2020
The FIAU is organising a Webinar on Money Laundering (ML) through Real Estate to complement the recently issued FIAU Guidance Paper for the Property Sector. This webinar will be spread over two separate sessions, and is intended to assist those subject persons who provide services associated with the buying, selling, and leasing of real estate, such as notaries, real estate agents, and to an extent, credit institutions. During the first session, ML typologies in real estate will be explored, following which, some risk ML/FT factors pertinent to the property sector will be presented and complemented by examples of mitigating measures which may be useful for subject persons in their risk management. During the second session, case studies based on real cases analysed by the FIAU will be discussed, accompanied with some sector-specific red flags which may be indicative of ML/FT.