New Legislation for Real Estate Businesses

From the 1st January 2019, real estate businesses will be subject to the Anti-Money Laundering and Countering Financing of Terrorism Act 2009.Under the Act we are required to obtain and verify information from new, existing clients and people connected to them for real estate purposes.

In order to continue to provide our real estate services for you we will ask you to provide your full name, date of birth and your address.

In order to confirm this information, the following documents will be needed:

• Passport or driver’s licence 
• Bank statement or utility bill

For a company or a trust, additional information will be necessary.  Information regarding people associated with a company or trust will also be required i.e. directors and shareholders, trustees and beneficiaries.