An industry facing massive change
Industry experts are united in their concerns over the controversial practice of deposit flicking.
AUSTRAC begins AML/CTF crackdown but AIC boss asks to 'keep the approach practical and reasonable'.
Conveyancer says 'the traditional warning signs people associated with scams are no longer always present'.
Agency Settlements abandons case against Jared Zak, who said it was a 'pretty wild and ambitious claim to start with'.
AUSTRAC says 'warning signs were found across banks that together cover the vast majority of Australia's mortgage market'.
As the deadline has passed for practitioners to enrol in the AML/CTF reform program, the AUSTRAC boss has warned of a crackdown on those not on board. Now with a $100m funds boost, the regulator is well resourced for action.
Real Estate Institute NSW issues alert to agents, saying 'we are recommending that members not engage with the model'.
AUSTRAC is calling for all relevant businesses to complete their enrolment process by the end of July.
Victorian conveyancing body says transparency around customer transactions must be paramount.
Fair Trading to examine 'whether real estate agents are acting in accordance with their existing legal obligations'.
Get Australian Conveyancer News Alerts pushed to you
All news, articles and insights on the Australian Conveyancer are available free and online. Subscribe to receive these insights direct to your inbox every week. Stay on top of the issues affecting the industry and your business.