questionText: To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential impact of anti-money laundering regulations on transaction times in property conveyancing.
answerText: Under the Money Laundering Regulations, estate agents and legal professionals must apply customer due diligence measures to mitigate the risk that property purchases are used to launder the proceeds of crime. These measures include checking and verifying ...
heading: Money Laundering: Regulation