ANTI‑MONEY LAUNDERING (AML) COMPLIANCE POLICY
Effective Date: 2nd April 2025
At Kensington Finest Properties International – London, we take our legal obligations seriously. We are fully registered with HM Revenue & Customs for anti‑money laundering supervision and adhere strictly to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, along with other applicable UK laws.
Our Commitment
- Preventing Financial Crime: We have strong procedures in place to identify and verify the identity of our customers, including buyers, sellers, landlords, tenants, and prospective franchise partners, to help prevent money laundering and the financing of terrorism.
- Risk-Based Approach: We conduct thorough Customer Due Diligence (CDD) on every client using a risk-sensitive approach. In higher risk situations, such as those involving international clients or politically exposed persons, we perform enhanced checks to verify the source of funds and overall legitimacy.
- Training & Monitoring: All our employees and agents receive regular AML training, ensuring they can recognise suspicious activity. Our processes are continuously reviewed and updated to reflect any changes in legislation or our business operations.
- Confidentiality & Record Keeping: We retain all necessary records securely for a minimum of five years. Your personal data is processed in compliance with the UK GDPR and is used solely for the purpose of safeguarding against financial crime.
What This Means for You
When you engage with our services, whether you’re buying, selling, renting, or considering a franchise opportunity, you may be asked to provide official identity documents and proof of address. These measures are essential not only for compliance but also for protecting both your interests and ours.
If any unusual or suspicious activity is detected, our designated Money Laundering Reporting Officer (MLRO) will review the matter promptly and, if necessary, report it to the National Crime Agency.
For further details on how we process your personal data, please refer to our Privacy Policy.
If you have any questions about our AML practices, please contact us at [email protected] or call 07599125776.
