Victoria Repton Ltd is committed to taking proactive steps to ensure its services are not misused for the purposes of money laundering or terrorist financing. This policy outlines our core responsibilities and practices to reduce the risk of criminal exploitation.
Objectives
Our anti-money laundering efforts are guided by the following objectives:
- To comply fully with all relevant anti-money laundering regulations and HMRC requirements
- To protect the company and its staff from the legal and reputational risks linked to financial crime
- To uphold the integrity and public trust in Victoria Repton Ltd by avoiding association with money laundering or terrorism financing
- To contribute actively to the wider fight against criminal and terrorist activities
Our Commitments
To support these aims, Victoria Repton Ltd has implemented the following principles:
- The company requires formal identification for all clients, including both purchasers and vendors. We prefer to see original documents but will accept properly certified copies.
- Our obligation to uphold anti-money laundering legislation takes precedence over commercial interests or client loyalty.
- Any deposits or financial gifts must be supported by clear evidence regarding their origin, and we must also verify the identity of those providing the funds.
Identification Requirements
The following documents are considered acceptable proof of identity and/or address (please note that each document can only serve one purpose—ID or address—not both):
- Passport
- National ID Card
- Photo-Card Driving Licence
- Council Tax Bill
- Utility Bill (dated within the last 3 months; mobile phone bills are not accepted)
- Recent Bank or Credit Card Statement issued by a regulated financial institution within the UK or EU (PDF format required if obtained online)
Who Can Certify Documents?
Certified copies must be verified by a trusted third party. Acceptable certifiers include:
- Bank or building society official
- Chartered accountant
- Local councillor
- Solicitor or notary
- Minister of religion
- Teacher or lecturer
- Doctor or dentist
- Post Office representative
Please ensure the certifier:
- Is not related to you
- Does not live at the same address
- Is not in a personal relationship with you
Certification Format
The person certifying must have viewed the original document and must write:
“I certify this is a true copy of the original”
(and, if applicable) “This is a true likeness of the individual in the photograph.”
They should also include:
- Their full name
- Professional role
- Contact details
- The date of certification
- A company stamp, where applicable (especially for legal or accountancy practices)
- Solicitors must also include their SRA number
Sanctions Checks (Effective May 2025)
As of mid-May 2025, all estate and letting agents in the UK are legally required to conduct sanctions checks on individuals and entities they engage with. Victoria Repton Ltd will:
- Screen all clients against the UK Sanctions List and relevant international watchlists
- Perform enhanced due diligence if a match or potential match is identified
- Immediately report any confirmed matches to the appropriate regulatory authority
- Maintain clear records of all sanctions checks performed, in accordance with legal requirements
This measure forms part of our broader due diligence obligations and ensures compliance with newly updated UK financial regulations.