AML Compliance

In accordance with the Portuguese Law N0. 83/2017 regarding the Prevention of Money Laundering and Terrorist Financing, Laws – Mediação Imobiliária, Lda, is subject to strict identification and diligence obligations. We are legally required to collect and verify the identity of our clients (both buyers and sellers), including obtaining copies of identification documents, proof of address and information regarding the source of funds before any real estate transaction takes place. This data is collected solely to meet our legal obligations with IMPIC and will be retained for the statutory period of 7 years.