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Directive (EU) 2018/843 (5AMLD) - Real Estate Agent Customer Due Diligence and High-Value Transaction Reporting

The EU's Fifth Anti-Money Laundering Directive (5AMLD) mandates that real estate agents, acting as intermediaries for both buyers and sellers, must…

What Directive (EU) 2018/843 (5AMLD) - Real Estate Agent Customer Due Diligence and High-Value Transaction Reporting requires

The EU's Fifth Anti-Money Laundering Directive (5AMLD) mandates that real estate agents, acting as intermediaries for both buyers and sellers, must perform Customer Due Diligence (CDD) for all property transactions and report suspicious activities to the relevant Financial Intelligence Unit (FIU), as established by Article 2(1)(3)(d) of the consolidated Directive (EU) 2015/849.

Pillar: Financial Crime, AML & Sanctions · Authority: European Parliament and the Council of the European Union · Version: 1.0.0 · Last updated:

Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32018L0843

SHA-256 integrity: 31ddcb3f78451854b6c7f7e6a4639fff743cd14ab1416f5d86714b13b5338606

Primary Citations — 6 traced to source

  • Directive (EU) 2018/843, Article 1(1), amending Article 2(1)(3)(d) of Directive (EU) 2015/849 - Inclusion of estate agents as obliged entities
  • Directive (EU) 2015/849, Article 11 - Timing of Customer Due Diligence

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