Financial crime
The following issue updates are available for Financial crime.
Anti-money laundering
16 March 2011 | Summarises recent activity in the area of anti-money laundering, including work of the Joint Money Laundering steering group. The most recent update in the members' only area highlights the release of the FSA's industry wide review of anti-money laundering processes.
Conveyancing Quality, Solicitors' Client Compensation and Fraud Initiatives
13 December 2011 | This provides an update on the main initiatives underway relating to the conveyancing market and related areas such as solicitor client compensation and mortgage fraud.
Fraud: awareness and prevention
11 January 2012 | Financial crime and mortgage fraud are areas of considerable concern to all lenders. In its many guises, financial crime is capable of causing lenders significant expense and loss of public credibility. It is also an area of increasing complexity where lenders have to be aware of developments which may adversely affect their mortgage business.
Fraud: FSA information from lenders scheme and supervisory action
14 January 2011 | This page summarises the FSA's information from lenders (IFL) scheme, as well as supervisory action and criminal prosecutions. This update summarises the outcomes of the FSA's investigations this month.
FSA buy-to-let thematic review
21 July 2011 | The FSA has shared with lenders a summary of the findings of its thematic review of buy-to-let lending.
HMRC / Lender Mortgage Verification Scheme
4 November 2011 | This is to advise of new versions of the Mortgage Verification Scheme MOU and Service Level Agreement documentation are now on the policy page - note these documents and information are for full CML members only.
Possessions register
10 August 2011 | This page provides background and guidance on the CML possessions register. The register has been withdrawn with effect from 30 June 2010 and the data held on it has been destroyed.
