Update to Anti-Money Laundering Regulations

Article written by David Smith - 17th June 2026

The Money Laundering and Terrorist Financing (Amendment) Regulations 2026 were made on 9 June. These come into effect automatically 21 days after they were made, so will be in effect as from 30 June.

I wrote briefly about the draft regulations here when they were made available.

By far and away the most crucial and immediate change is that the €10,000 pcm rent threshold for compulsory AML checks for higher value tenancies changes to £10,000. This is quite a change as €10,000 is closer to £8,650 so there is quite a big jump here. This is also quite a key number as there are a fair few rental properties in the higher-end sector that would be picked up by a threshold at £8,500 but not by a threshold at £10,000 so I would anticipate that this will take a reasonable chunk of property out of AML controls and will give agents a lot more flexibility in this area.