Money Laundering Survey

1.

Are you fully informed about the Money laundering Regulations 2003?

Yes

No

2.

Are you fully informed about the Proceeds of Crime Act 2002?

Yes

No

3.

Are your employees fully equipped to deal with the new legislation?

Yes

No

4.

Do you accept cash payment to the value of 15,000(about £10,000)?

Yes

No

If ''Not'', what other forms of payment do you accept?

6.

What measures are you going to implement in order to forestall and prevent Money Laundering?

Set up identification procedures

Set up record keeping procedures

Set up internal reporting procedures

Establish procedures of internal control and communication

Conduct training to your employees

7.

Are you expecting to lose business as a result of clients' identity verification?

Yes

No

8.

Have you been involved in deals which could be considered ''suspicious''?

Yes

No

9.

Have you reported any suspicious client to National Criminal Intelligence Services?

Yes

No

10.

	Strongly Agree	Agree	Neutral	Disagree	Strongly Disagree
Auctioneers should adopt a best practice procedure to ensure not unwittingly becoming part of a Money Laundering process.