Real estate – for sale, or for rent, as long as top class -, stones, watches and precious metals, custom cars, planes and boats, “rolls” of cash, nouveau riche.
The Anti-Money Laundering Regulation, approved last Tuesday by the Strasbourg Parliament and destined to become law throughout the EU (see the article alongside), seeks to close the thousand channels of reuse of dirty money, intervening on the most popular “practices”. .
Real estate agents and “other professionals” in the sector thus enter the scope of preventive checks and as obliged subjects throughout the Union when they act as intermediaries in the sale of properties. real estate; but also in rental contracts, if the monthly rent is equal to or greater than 10 thousand euros, whatever the means of payment.
For stones and precious metals limit to 10 thousand euros
The obligation of due diligence is also triggered at EU level for those who trade in precious stones and metals, or for those who in any case deal in “high value goods”. What the European legislator means by “luxury” is clarified directly by the rules: articles of jewellery, goldsmiths or watches worth 10 thousand euros and up, while the list of precious metals consists of “gold, silver, platinum, iridium, osmium , palladium, rhodium, ruthenium”, and the stones relevant for anti-money laundering will be “diamonds, rubies and sapphires”.
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2024-04-28 02:01:39