UK OFSI, UK Treasury published financial sanctions guidance for letting agents.
Guidance
Financial sanctions guidance for letting agents covering the letting agents sector reporting obligations; no monetary threshold; instructions from prospective landlords or prospective tenants as well as work that letting agency work does not include.
Certain business types are subject to reporting obligations as relevant firms under financial sanctions regs; generally consistent across all financial sanctions regimes.
Effectiveness
From May 14, 2025, letting agents will be subject to the reporting obligations as they will be added to the list of relevant firms under financial sanctions regulations.
