‘Revolutionary’ conveyancing and compliance service has 750 branches on board

first_imgAuctions and property services group Iamproperty is to launch its new combined AML compliance and conveyancing service Movebutler this Spring which will reduce time taken to transact a property sale by approximately 17 days.Iamproperty says it expects to formally sign up three of the biggest corporate estate agencies by the time the platform formally launches.Its Group MD Ben Ridgway (pictured) tells The Negotiator that 750 branches, including customers of its subsidiary auction arm, Iamsold, are already signed up.He says its benefits make the service a ‘no brainer’ because it removes approximately 90% of the administrative tasks faced by agents when selling a home and eliminates many of the delays caused by conveyancing hiccups.The service is an onboarding platform for buyers and sellers that ties them into a single online journey and incentives them to be better prepared and informed, bringing together agents’ seven key revenue-generating opportunities into a single, digitised AML-compliant process.“This includes mortgages, surveys, conveyancing, legal pack, auction and probate services, all of which is served up in a digestible way so that agents have the time and opportunity to act and generate more revenue,” says Ridgway.“All agents monetise the journey already by selling additional services, but Movebutler will squeeze the lemon harder.”Ridgway says one of the key attractions of the service is that it automatically downloads and checks Land Registry title for a property, something an agent not doing can lead failing an HMRC audit.“Approximately half of the agents I talk to don’t do this because of the £3 it costs them each time, but we’re offering that as part of our service,” he says.“But our system can spot problem early – for example if an extension has been built without building regs.”Visit Movebutler.Read more about conveyancing delays.movebutler iamproperty iamsold proptech Ben Ridgway conveyancing February 16, 2021Nigel 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 » ‘Revolutionary’ conveyancing and compliance service has 750 branches on board previous nextProptech‘Revolutionary’ conveyancing and compliance service has 750 branches on boardMovebutler chief Ben Ridgway says platform will officially launch with three big names signed up, and can reduce admin by 90%.Nigel Lewis16th February 20210666 Viewslast_img read more

NatWest to face criminal proceedings over alleged money laundering lapse

first_imgHome » News » NatWest to face criminal proceedings over alleged money laundering lapse previous nextRegulation & LawNatWest to face criminal proceedings over alleged money laundering lapseThe bank, which is used by thousands of agents, is being taken to court by the FCA after a business customer deposited millions in cash.Nigel Lewis16th March 202102,966 Views Estate agencies large and small who have business accounts with NatWest will be shocked to discover that the bank is to face criminal proceedings over an alleged lapse in its Anti Money Laundering (AML) procedures,The Financial Conduct Authority (FCA) has made the announcement, alleging that the bank failed to adhere to several parts of the Money Laundering Regulations (MLR) 2007.This is the first criminal prosecution under the MLR 2007 by the FCA and the first prosecution under the MLR against a bank.Like any estate agency, regulations require NatWest to complete due diligence on its relationships with customers to prevent money laundering.The FCA says the case arises from from the handling of funds deposited into accounts operated by a UK business customer of NatWest.The financial industry regulator alleges that increasingly large cash deposits were made into the customer’s accounts.Monitoring failureIt is alleged that around £365 million was paid into the accounts, of which around £264 million was in cash and that NatWest’s systems and controls failed to adequately monitor and scrutinise this activity.No individuals are being prosecuted and NatWest itself is scheduled to appear at Westminster Magistrates’ Court on 14 April 2021.Hundreds of estate agencies have been fined for AML breaches in recent years, with many of them being NatWest customers themselves.The FCA’s announcement comes just seven months after NatWest was heavily criticised for closing or suspending some business accounts without notice after firms applied for government Covid Bounce Back business loans via the bank.NatWest comment“The Financial Conduct Authority has notified NatWest Group plc that it has commenced criminal proceedings against National Westminster Bank Plc for offences under regulation 45(1) of the Money Laundering Regulations 2007 for alleged failures to comply with regulations 8(1), 8(3) and 14(1) of the MLR 2007 between 11 November 2011 and 19 October 2016, arising from the handling of the accounts of a UK incorporated customer,” a spokesperson says.“Since being notified of this investigation in July 2017, NatWest Group has disclosed that the FCA was undertaking an investigation into NatWest Group’s compliance with the MLR 2007. NatWest Group has been co-operating with the FCA’s investigation to date.“NatWest Group takes extremely seriously its responsibility to seek to prevent money laundering by third parties and accordingly has made significant, multi-year investments in its financial crime systems and controls.”Read more about AML.MLR 2007 NatWest AML anti money laundering March 16, 2021Nigel 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 2021last_img read more

Nick Wagman and Don John Kick Off AGDF 8 With a Win

first_img Subscribe to the Horse Sport newsletter and get an exclusive bonus digital edition! We’ll send you our regular newsletter and include you in our monthly giveaways. PLUS, you’ll receive our exclusive Rider Fitness digital edition with 15 exercises for more effective riding. Email* Horse Sport Enews The 2021 Adequan® Global Dressage Festival (AGDF) resumed competition with AGDF 8 at the Palm Beach International Equestrian Center (PBIEC) in Wellington, FL, on Thursday, March 4, and welcomed a victory in the FEI Grand Prix for Special CDI3*, presented by The Dutta Corp. for the USA’s Nick Wagman and Don John. AGDF 8 continues through Sunday, March 7, and the circuit hosts 10 weeks of international and national dressage competition until April 4. Free live streaming and on-demand of select classes are available to view at globaldressagefestival.com.Wagman and Beverly Jean Gepfer’s 2008 KWPN gelding by Johnson TN, Don John, notched their second personal best score of the 2021 AGDF season with a 74.478%, almost four points higher than second place finisher Jessica Howington (USA) and her own Cavalia.“He was really with me the whole time today,” began Wagman. “Normally I get a few nerves in the Grand Prix because it’s the first test of the show, but I didn’t have any today. I even came out and said to Debbie [McDonald] that this is the first time I haven’t had any nerves in a long time. DJ just felt solid, so I was able to actually think about my riding while I was in there and actually work on the details that I can sometimes gloss over because I’m just trying to get through it.”Wagman continued, “I haven’t watched the video yet, but the piaffe and passage work felt pretty reliable today. My right pirouette felt super. I made the mistake in the ones today, and that was just all me. I got to the end and was like, ‘Oh, don’t make a mistake!’ and I ended up overriding. But overall, it was a pretty honest test, so I am pleased with it.”The pair had a successful ride in the FEI Grand Prix for Special CDI3*, presented by CabanaCoast during AGDF 5, but had to withdraw from the Special. After a lowkey week, Wagman picked training back up and has shifted his original plan for the remainder of the winter season.Wagman explained, “We had rotten luck the past two shows, so hopefully we are done with that and we get to get through this show with some success. We extended our trip, and we’ll stay through the end of March. Then we will go back home and if we need a third score, we will go out to Rancho Marietta in California.”Second place in the FEI Grand Prix for Special CDI3*, presented by The Dutta Corp. went to Jessica Howington (USA) on Cavalia, her own 2007 KWPN mare by Sir Donnerhall with a 70.913%, while Diane Creech (CAN) earned third on Chrevi’s Christo, Louise Leatherdale and Diane Creech’s 2003 Danish warmblood gelding by Chrevi’s Cavallo, finishing their day on a 70.478%.Earlier in the day, Kevin Kohmann (GER) and Equitas LLC’s 2010 KWPN stallion by Amazing Star, Five Star, topped the FEI Prix St. Georges CDI3* with a score of 71.275%. Second place went to the USA’s Cesar Parra on Mr. Bumblebee, Equiventure LLC and John and Karen Blank’s 2008 Danish Warmblood gelding by Sting, with 70.294%. Dongseon Kim (KOR) rounded out the top three with his own 2012 Rheinlander stallion Lord Nunes by Lord Loxley I, with a score of 69.608%.In the FEI Prix St. Georges CDI1*, Germany earned the top two placings, first with Christoph Koschel on Imposant, a 2013 KWPN gelding by Chameur owned by Holga Finken and Koschel Dressage GmbH, with 73.039%. Second went to Frederic Wandres and Quizmaster, Hof Kasselmann’s 2012 Hanoverian stallion by Quasar de Charry. Third place was awarded to Steffen Peters (USA) and Boston Strong, Christina Vinios’ 2010 Oldenburg gelding by Bordeaux, receiving a 72.108%.Competition at AGDF 8 will continue tomorrow with a full schedule of classes, including the FEI Intermediaire-I CDI3* and the Palm Beach Dressage Derby before the FEI Grand Prix for Freestyle CDI-W, presented by Wellington Agricultural Services beginning at 3 p.m. For more information and to see a full list of results, visit www.globaldressagefestival.com.Results FEI Grand Prix CDI3* for Special, presented by The Dutta Corp.:1. Nick Wagman (USA) on Don John, Beverly Jean Gepfer’s 2008 KWPN gelding by Johnson TN: 75.761, 73.804, 74.022, 75.978, 72.826; 74.478%2. Jessica Howington (USA) on Cavalia, her own 2007 KWPN mare by Sir Donnerhall: 69.239, 72.717, 71.413, 70.978, 70.2 17; 70.913%3. Diane Creech (CAN) on Chrevi’s Christo, Louise Leatherdale and Diane Creech’s 2003 Danish warmblood gelding by Chrevi’s Cavallo: 71.522, 70.761, 69.130, 70.000, 70.978; 70.478%4. Susan Dutta (USA) on Figeac DC, Tim and Susan Dutta’s 2009 Oldenburg gelding by Fackeltanz: 67.826, 70.435, 67.500, 67.174, 65.761; 67.739%5. Pablo Gomez Molina (ESP) on Ulises De Ymas, Yeguada De Ymas S.L. and Cristina Danguillecourt’s 2010 PRE gelding by Seni Indio: 65.435, 68.261, 68.043, 65.978, 68.261; 67.196%6. Ariana Chia (CAN) on Fiderflame, her own 2010 Oldenburg gelding by Fidertanz: 66.304, 67.609, 65.652, 66.413, 67.717; 66.739%7. Jill Irving (CAN) on Degas 12, Jill Irving and Windhaven Farm’s 2002 Hanoverian gelding by De Niro: 65.543, 64.674, 68.152, 67.283, 66.957; 66.522%8. Reese Koffler-Stanfield (USA) on Bingo, Kikiv L Courtelis and Reese Koffler-Stanfield’s 2006 KWPN gelding by Goodtimes: 66.304, 66.522, 65.435, 66.739, 66.413; 66.283%9. Michael Pineo (USA) on Farrington, his own 2010 KWPN gelding by Jazz: 63.478, 64.674, 65.543, 66.087, 65.109; 64.978%10. Dongseon Kim (KOR) on Diamond Royale, his own 2007 Oldenburg mare by Diamond Hit: 67.500, 63.696, 63.478, 63.804, 65.761; 64.848% Tags: Global Dressage Festival, Palm Beach International Equestrian Center, Chrevis Christo, Nick Wagman, Don John, Diae Creech, FEI Grand Prix CDI3* for Special, SIGN UP More from News:MARS Bromont CCI Announces Requirements For US-Based RidersThe first set of requirements to allow American athletes and support teams to enter Canada for the June 2-6 competition have been released.Canadian Eventer Jessica Phoenix Reaches the 100 CCI4*-S MarkPhoenix achieved the milestone while riding Pavarotti at the inaugural 2021 CCI4*-S at the Land Rover Kentucky Three-Day Event.Tribunal Satisfied That Kocher Made Prolonged Use of Electric SpursAs well as horse abuse, the US rider is found to have brought the sport into disrepute and committed criminal acts under Swiss law.Washington International Horse Show Returns to TryonTIEC will again provide the venue for the WIHS Oct. 26-31 with a full schedule of hunter, jumper and equitation classes.last_img read more

DCNS India Wins ‘Excellence in Indigenous Technology’ Award

first_img DCNS India Wins ‘Excellence in Indigenous Technology’ Award February 7, 2013 Industry news Share this article DCNS India set up a dedicated localisation programme as part of the transfer of technology (ToT) agreement with Indian naval shipbuilder Mazagon Dock Limited (MDL) to build six DCNS-designed Scorpene submarines under the P75 contract. On February 6, DCNS India received the prestigious ‘Excellence in Indigenous Technology’ award at Aerospace and Defence Awards 2013 organised by SAP Media Worldwide in Bangalore.The award was presented by Dr. Vijay Kumar Saraswat, Director General of DRDO (Defence Research and Development Organisation) and Scientific Advisor to the Defence Minister in the presence of other senior government officials and delegates from top defence and aerospace companies.On receiving the award, Mr Bernard Buisson, Managing Director of DCNS India commented:“DCNS is deeply honoured and delighted to receive this prestigious award. We would like to thank the evaluation committee for acknowledging the genuine and deep localisation programme set up under the P75 contract. We remain committed to our localisation goals and to meeting the requirements of the Indian Navy and our partner MDL to expand our footprint in India and to participate in future programmes.”In 2005, Indian naval shipbuilder Mazagon Dock Limited forged a partnership with DCNS to produce six Scorpene submarines under the P75 contract, including transfer of technology (ToT) from DCNS to MDL. Since then, DCNS India’s localisation programme has consistently helped Indian partners to contribute to the P75 contract.The equipment covered by the P75 contract is highly specific due to the physical constraints under which submarines operate. As in France, local production follows DCNS’s strict quality standards to ensure optimal performance with maximum safety over the long term. All items are fully tested in India before delivery to MDL for integration, MDL being responsible for building the submarines.DCNS has delivered technical data packages to its Indian Partners and set up a 24/7 local assistance service to help Indian contractors to meet quality requirements and deliver on time. Through DCNS India and its support teams in France, DCNS:• trained over 50 Indian personnel at DCNS facilities in France for over a year (in 2012 and 2013)• is providing on-the-job training and technical support in India for a period of five years concerning manufacturing processes and quality control procedures.[mappress]Naval Today Staff, February 7, 2013; Image: DCNS View post tag: DCNS View post tag: wins View post tag: India View post tag: Excellencecenter_img View post tag: Indigenous Back to overview,Home naval-today DCNS India Wins ‘Excellence in Indigenous Technology’ Award View post tag: Navy View post tag: Naval View post tag: Technology View post tag: News by topic View post tag: awardlast_img read more

USS Nimitz to Operate in Mediterranean

first_img View post tag: Defence Share this article View post tag: Mediterranean View post tag: Nimitz USS Nimitz to Operate in Mediterranean View post tag: Operate View post tag: Defense View post tag: Navy View post tag: Naval Training & Education October 22, 2013 Back to overview,Home naval-today USS Nimitz to Operate in Mediterranean View post tag: USS View post tag: News by topic The nuclear-powered aircraft carrier USS Nimitz (CVN 68) and her escort, guided-missile cruiser USS Monterey (CG 61), conducted a northbound transit of the Suez Canal, Oct. 20.USS Nimitz was most recently operating in the Red Sea to provide the U.S. options for responding to crisis situations.USS Nimitz will operate in the Mediterranean Sea and train with international partners before returning to her home port of Everett, WA.Nimitz entered the U.S. 5th Fleet area of operations, June 9.[mappress]Press Release, October 22, 2013; Image: US Navylast_img read more

Northrop Grumman Recognized for Post-Production Support Logistics

first_imgU.S. based Defense Logistics Agency’s (DLA) Land and Maritime Supply Center recently acknowledged Northrop Grumman Corporation’s Post Production Support Center (PPSC) in St. Augustine, Fla., with a Recognition for Excellence Gold Award at a Nov. 15 ceremony.The DLA Land and Maritime Supply Center recognizes contractors and suppliers on an annual basis, with this year’s awards covering a timeframe of January 2012 to January 2013. The PPSC received its gold award for a perfect score of 100.“We were very excited to receive this award as we’re keenly focused on meeting our customers’ and the warfighters’ expectations,” said Andy Jessen, Northrop Grumman PPSC program manager. “This award reminds us how important our work is and motivates us to provide the best support for our customers.”The PPSC provides DLA and Naval Supply Systems Command with airframe spare parts and repair assets for the E-2C Hawkeye, EA-6B Prowler, A-10 Thunderbolt and C-2 Greyhound aircraft. The center submits more than 400 proposals and delivers more than 600 discrete parts annually to its customers.“This award recognizes our team as a leader in post-production support logistics,” said Jessen. “We have highly experienced and dedicated professionals who are mission focused and truly appreciate this award.”[mappress]Press Release, December 16, 2013; Image: Wikimedia Equipment & technology Share this article Back to overview,Home naval-today Northrop Grumman Recognized for Post-Production Support Logistics center_img Northrop Grumman Recognized for Post-Production Support Logistics December 16, 2013last_img read more

Seahawk Romeo Helicopter Duo Handed Over to Australian Navy

first_imgBack to overview,Home naval-today Seahawk Romeo Helicopter Duo Handed Over to Australian Navy View post tag: Navy Industry news View post tag: Duo View post tag: Romeo View post tag: Australian The delivery of Sea Hawk Romeo helicopters, which are replacing the Navy’s ‘Classic’ Sea Hawk, was achieved on budget and six months ahead of schedule. The initial aircraft will be joined by five more until the end of the year. The first two of twenty-four airframes on order from Sikorsky and Lockheed Martin were delivered to the Defence Material Organisation (DMO) in early December 2013.According to Commanding Officer of NUSQN 725, Commander David Frost the helicopters’ primary usage will be in the anti submarine and anti-surface warfare by providing an air-to-surface missile capability.“Since acceptance of the first two aircraft in December, we have commenced a graduated flying program, building on the skills, techniques, and tactics that were taught during Operational Flying Training with the United States Navy.”“We will continue to consolidate our skills over the next 12 months prior to returning to Australia to commence operations at Naval Air Station Nowra, New South Wales, late in 2014,” said Commander Frost.[mappress]Naval Today Staff, January 27, 2014; Image: RAN View post tag: News by topic The Royal Australian Navy’s NUSQN 725 squadron took delivery of the first MH-60R Seahawk Romeo maritime combat helicopter duo at an ‘In Service Date’ ceremony on Friday, January 24th at Naval Air Station Jacksonville, Florida. Seahawk Romeo Helicopter Duo Handed Over to Australian Navy View post tag: overcenter_img View post tag: Naval View post tag: Helicopter NUSQN 725 POSE AT ‘IN SERVICE DATE’ CEREMONY View post tag: Defense View post tag: Defence View post tag: Seahawk View post tag: Handed January 27, 2014 Share this articlelast_img read more

BAE Systems to Undertake USS Iwo Jima Repair Works

first_imgBack to overview,Home naval-today BAE Systems to Undertake USS Iwo Jima Repair Works View post tag: works Share this article July 6, 2015 View post tag: Navy BAE Systems Southeast Shipyards Mayport LLC, Jacksonville, Florida, is being awarded a $26,8 million contract for the phased maintenance availability of USS Iwo Jima (LHD 7).The work package consists of structural and tank repairs, ventilations and auxiliary systems repairs, temporary services habitability preservations, structural preservations, ship alterations, and miscellaneous repairs.This contract includes options which, if exercised, would bring the cumulative value of this contract to $32,644,089. Work will be performed in Jacksonville, Florida, and is expected to be completed by July 2016.Southeast Regional Maintenance Center, Mayport, Florida, is the contracting activity.[mappress mapid=”16402″]Image: US Navy View post tag: americas View post tag: Navalcenter_img View post tag: News by topic Authorities BAE Systems to Undertake USS Iwo Jima Repair Works View post tag: repair View post tag: BAe Systems View post tag: USS Iwo Jimalast_img read more

U.S. Navy fires Commander of marines captured by Iran

first_img U.S. Navy fires Commander of marines captured by Iran View post tag: Iran View post tag: Coastal Riverine Squadron 3 The commander in charge of ten U.S. sailors who were detained by Iran in January 2016 was fired due to what the U.S. Navy termed as a ‘loss of confidence in his ability to command’.Commander Eric Rasch who was commanding the Coastal Riverine Squadron (CRS) 3 at the time of the incident was relieved of his duties May 12.Capt. Gary Leigh, commander of the Coastal Riverine Group-1, made this decision following his review of a preliminary investigation into the incident near Farsi Island in the Arabian Gulf, Jan. 12-13, involving 10 CRS-3 Sailors.To remind, ten marines travelling aboard two riverine craft were detained by members of the Iranian Coast Guard after they sailed into Iranian waters. According to a preliminary report, the sailors faced problems with both the communication equipment and mechanical issues with the boats they were using.After they were captured, sailors aboard U.S. Navy cruiser USS Anzio received a communication from the Iranians that the RCB Sailors were in Iranian custody and were “safe and healthy.” The sailors were subsequently released after 16 hours of detainment.The incident did not go unnoticed in international media as Iranian personnel held their U.S. counterparts at gunpoint and forced them to apologize for their actions on video, much to the disliking of U.S. diplomats. Authorities May 13, 2016 Share this article View post tag: US Navy Back to overview,Home naval-today U.S. Navy fires Commander of marines captured by Iran last_img read more

Royal Navy’s Lynx helicopters fly their final mission

first_imgBack to overview,Home naval-today Royal Navy’s Lynx helicopters fly their final mission View post tag: Royal Navy March 13, 2017 Royal Navy’s Lynx helicopters fly their final mission Authoritiescenter_img View post tag: Lynx With the decommissioning of Royal Navy Lynx helicopters set for March 31, 2017, the last Lynx to deploy – Flight 208 – returned home together with HMS Portland on March 10.Commander (Cdr) Phil Richardson the Commanding Officer of 815 Naval Air Station welcomed 208 Flight back into the fold amongst their family members, friends and colleagues.“They are the last Lynx deployed after a very successful history of Lynx helicopters being embarked and integrated within the Royal Navy’s Frigates and Destroyers. Their success and experience will be transferred across to the Wildcat as 815 completes its transition to this new aircraft type. Welcome home 208 Flight – last of the Lynx,” Cdr Richardson said.Flight Commander Lieutenant (Lt) Laura Cambrook landed back home at 815 Naval Air Squadron, Royal Naval Air Station (RNAS) Yeovilton having deployed on 20 June 2017 on HMS Portland.“It’s really great to be back after a very demanding but exhilarating deployment where we achieved 190 hours of flight. It’s been a very successful deployment and poignant too and I will miss the Lynx, she rattles a lot, is small and agile; it’s just a great little helicopter that so many of us love to fly,” Lt Laura Cambrook said.“The Wildcat is going to take over that mantle really well in a much, much more capable aircraft”.The Navy Lynx helicopters are scheduled to conduct a five-hour farewell flypast on March 17, RNAS Yeovilton announced.The flypast will be followed by a formal decommissioning ceremony the following week in Yeovilton before 815 converts into a Wildcat squadron, providing the Lynx’s successor for destroyers and frigates. Share this articlelast_img read more