Whilst commercial broking is not a regulated activity, legal opinion and the NACFB Board consider this an extremely important issue and one that the NACFB membership should continue to be compliant with.
The very nature of commercial broking exposes members to potential money laundering and professional commercial brokers should be aware of the regulations and legislation in order to report suspicious activities to the authorities where appropriate.
As a professional Association, we must ensure that our members are aware of regulation and be on the look out for potential money laundering to protect the reputation of the industry.
An announcement on the NACFB’s latest viewpoint of money laundering regulation will be included at the Association’s EGM on the 27th June at the Birmingham NEC, including what the NACFB recommends for its members.
Lots of work is going on behind the scenes and the 3rd NACFB Commercial Finance Expo looks set to break exhibitor and delegate records on June 27th June, with delegate registration already at 600!
This will be a great way to celebrate the 20th anniversary of the NACFB and cement the NACFB’s Expo as the number one event for the commercial market in the UK.
The event will be held at the Birmingham NEC, and if the take up of places so far is anything to go by, we would recommend booking your place early.
Last year we were nearly at capacity, so with even more having signed up at this relatively early stage, this year’s Expo should have even more of a buzz about it!
