Why Every Estate Agency Needs a GN7A-Compliant Risk Management & Compliance Programme
As an estate agent, you may not be fully aware that the Financial Intelligence Centre Act (FICA) requires all accountable institutions, including estate agencies, to implement a Risk Management and Compliance Programme (RMCP). This is to ensure your agency is protected against risks such as money laundering, fraud, and regulatory penalties.
The Guidance Note 7A (GN7A) issued by the Financial Intelligence Centre provides specific standards for RMCPs, outlining the measures that estate agencies must take to comply with the law. Compliance is not optional; failing to have a proper RMCP in place could expose your agency to fines, reputational damage, or even operational restrictions.
At IPSE Tech Law Services, we offer a GN7A-compliant RMCP Pack specifically tailored for estate agencies. Our solution is:
Easy to implement: Everything is structured clearly, saving you time.
Affordable: Professional compliance doesn’t have to break the bank.
Risk-protective: Ensures your agency meets regulatory requirements and mitigates potential financial and reputational risks.
Even if you are familiar with FICA, GN7A introduces detailed obligations that many independent agents may not yet fully understand. Taking action now ensures your agency remains fully compliant and safeguarded.
Don’t wait for the FIC to knock on your door; get compliant today. Contact IPSE Tech Law Services to learn more about your RMCP options.