Safeguarding Transactions and the Unconditional Contract: Why AML Matters

Richard Adamson and George Walker, Allsop Auctioneers, are joined by Jim Bridges, Allsop Head of Risk and AML lead in safeguarding buyers and sellers that compete in the auction market - and across the wider business. This podcast is an insight into the why, and the how, of AML and in what way it helps understand and protect investors in the market. Richard and George also touch on their respective auction markets and how they are evolving.Allsop transact over 3,000 sales a year and the AML process is necessary to safeguard transactions. The AML team at Allsop use a combination of technology, systems and human insight to keep our clients safe from the risks of financial crime, whilst preserving what is central to the auction process - the unconditional contract.With Institutional Funds, Listed REITs and Propcos all part of the seller line up alongside private sellers, keeping ahead of risk developments and thinking about our client facing processes, everyone benefits including the buyers, 12,000 of whom were cleared to send funds last year.You can find out more about our auction team at https://www.allsop.co.uk/auctions/ or the services Allsop offer at https://www.allsop.co.uk/Or follow Allsop or our speakers Jim Bridges, George Walker and Richard Adamson on social media.AllsopLinkedInXFacebookYouTubeInstagramJim BridgesLinkedIn/Jim BridgesGeorge WalkerLinkedIn/George WalkerX/George WalkerRichard AdamsonLinkedIn/Richard AdamsonDon't forget, if you’ve enjoyed listening, please rate us and consider writing a review.If you have a question relating to one of our podcasts or have any suggestions of themes you would like us to cover, please email [email protected] podcast presented here is for general guidance and represents opinions of our teams based on the property market at the time of recording. All details are correct at time of recording.

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