IOM FSA ESTATE AGENTS AML/CFT THEMATIC REVIEW - PHASE 1 REPORT
11/08/2024
ISLE OF MAN FINANCIAL SERVICES AUTHORITY ESTATE AGENTS THEMATIC REVIEW PHASE 1 REPORT
The thematic exercise is made up of two core phases.
Phase 1 of the theme consisted of a questionnaire issued to all 20 registered estate agents. This report will outline the results from this first phase, the Authority’s observations on the data, and some best practice points.
Phase 2 of the project, consisting of thematic inspections, is ongoing and intended to run beyond 2024. A Phase 2 report will be issued following the project’s completion.
The purpose and aim of the thematic project, particularly with the first phase, is to gain further insight into the estate agency sector by collecting information and data.
The data collected as part of this project will inform the Island’s NRA and any further updates required to the Estate Agent’s AML/CFT-specific guidance.
Here is the index of content
https://www.iomfsa.im/media/3327/estate-agents-thematic-report-august-2024.pdf
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As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.