Video: Jane Cosby on working to find hope amid America’s…

first_img Rector (FT or PT) Indian River, MI By Mary Frances SchjonbergPosted Nov 18, 2013 Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector Bath, NC Assistant/Associate Rector Washington, DC New Berrigan Book With Episcopal Roots Cascade Books The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Washington, DC Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Curate Diocese of Nebraska Rector/Priest in Charge (PT) Lisbon, ME [Episcopal News Service – Jackson, Mississippi] Episcopal Church Executive Council member Jane Cosby, from the Diocese of Pennsylvania, reflects on the important next steps after “Fifty Years Later: The State of Racism in America,” a two-day gathering sponsored by the Episcopal Church and the Diocese of Mississippi at St. Andrew’s Episcopal Cathedral in downtown Jackson. Cosby, council’s liaison to its anti-racism committee, spoke Nov. 16 during a break in the meeting.– The Rev. Mary Frances Schjonberg is an editor/reporter for the Episcopal News Service. In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Assistant/Associate Priest Scottsdale, AZ An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Rector Smithfield, NC Press Release Service Assistant/Associate Rector Morristown, NJ Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Albany, NY Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector Collierville, TN Associate Priest for Pastoral Care New York, NY Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Featured Jobs & Calls Video: Jane Cosby on working to find hope amid America’s racism Submit an Event Listing Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Video This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 State of Racism, Curate (Associate & Priest-in-Charge) Traverse City, MI Director of Administration & Finance Atlanta, GA Youth Minister Lorton, VA Canon for Family Ministry Jackson, MS Bishop Diocesan Springfield, IL Submit a Job Listing Associate Rector for Family Ministries Anchorage, AK Course Director Jerusalem, Israel Rector Belleville, IL Rector Pittsburgh, PA Rector Hopkinsville, KY Rector Martinsville, VA Associate Rector Columbus, GA Rector Knoxville, TN Cathedral Dean Boise, ID AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector and Chaplain Eugene, OR Submit a Press Release Family Ministry Coordinator Baton Rouge, LA Tags Featured Events Priest-in-Charge Lebanon, OH Director of Music Morristown, NJ Rector Shreveport, LA Priest Associate or Director of Adult Ministries Greenville, SC An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET Missioner for Disaster Resilience Sacramento, CA Rector Tampa, FL last_img read more

Upmarket letting agents face substantial changes after new AML come in, warns expert

first_imgAs property professionals struggle to get to grips with the 4th EU anti-money laundering (AML) Directive, along comes the 5th due to come into force by the 9th January 2020.The legislation that will be based on the 5th Directive concerns letting agents and in particular those operating at the higher end of the market.The recommendation, and all the evidence points to the fact that it will be the case, is that a rental property which attracts a rental figure of €10,000 Euros per calendar month or its currency equivalent will mean that the agent letting that property, must comply with the new regulations.It’s yet to be clarified but early indications suggest this threshold will relate to both residential and commercial property.Tenant referencingOf course, the irony is that the level of client due diligence (CDD) currently undertaken by letting agents – with tenant referencing and proof of income – is more extensive than that carried out by sales agents.However, where letting agents will see a change from the beginning of January is the additional CDD they’ll be obliged to carry out on their client – the landlord.This is likely to include confirmation of a landlord’s identity, proof of ownership of the property being let and clarification of their status – is the landlord in question a politically exposed person.  All this in addition to new rulings on deposits.ProblematicAs things currently stand the regulations state that a transaction should not be undertaken by an agent on behalf of the client prior to forming a business relationship with them.  This has proved problematic in the past.There have been many instances where a substantial deposit has been paid by a prospective tenant and then subsequently the agent has raised concerns about the origin of the funds they’ve accepted.  By then it’s too late.  The agent is no longer in a position to consider returning the funds, which leaves them exposed to having potentially transferred criminal property.All of this means that going forward letting agencies will have to ensure they have robust CDD procedures in place which clearly establish the authenticity of rental monies prior to their being received.But there are other things under the 5th Directive that letting agents will have to look out for too. They’ll need to have in place comprehensive AML written policies and procedures and agree to undertake a firm-wide risk assessment in accordance with Regulation 18.  And all staff must receive some form of recognised AML training as per Regulation 24.Financial Crime Services has been in consultation with HMRC over the impact of the new legislation and we’ve made several recommendations clarifying the guidance as it currently stands.  It’s important that it’s simple and easily understood by both sales and lettings agents.Read more about money laundering.Anti Money Laundering directive Financial Crime Services Jerry Walters AML December 19, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Upmarket letting agents face substantial changes after new AML come in, warns expert previous nextRegulation & LawUpmarket letting agents face substantial changes after new AML come in, warns expertJerry Walters, chief of Lonres-owned firm Financial Crime Services, says changes will affect how deposits and rent are received and require landlords and tenants to be checked.Jerry Walters19th December 201901,180 Viewslast_img read more