Conflict of Interest
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Developer-Referred New-Build Purchases: Who Controls the AML Checks?
The post discusses the importance of thorough AML investigations in new-build and off-plan property transactions. It emphasizes that familiarity with a development does not negate the need for proper client assessments. Developers’ recommendations shouldn’t dictate AML decisions, and each transaction requires careful scrutiny of funding sources and obligations.
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CQS Conflict Handling Policy: Dual Representation, Lender Disclosure and Practical Safeguards
A CQS Conflict Handling Policy should help your conveyancing team decide when the firm can act, when a concern needs escalation and when it must stop acting. Those decisions can become difficult under pressure. A buyer asks you not to disclose something to their lender. An estate agent wants the firm to represent both parties.…