Enforcement is active

170 UK Estate Agencies Fined in 6 Months.

Name: WhyAML Verification Credits
Brand: WhyAML
Availability: InStock

The check they found missing costs £1,250 minimum. WhyAML costs a fraction of that.

£835K

Total fines issued to agents

Apr-Sep 2025

47 mins

Average time lost per

manual CDD check

£1,250

Starting fine for a

single AML failure

Manual document collection is slow, creates GDPR liability, and distracts from revenue-generating work. WhyAML gives you back 47 minutes per check and complete peace of mind.

What regulators want

The Compliance Certificate

Tap to expand

This is what regulators want to see.

A documented, immutable record of customer due diligence. When they ask, just hand them the PDF.

Every verification

What's Included With Every Verification

Compliance Certificate (PDF)

The audit-ready output. Same legal standing as a document-based check. Hand it to HMRC.

TDD Report (Transaction Due Diligence)

Full transactional breakdown. Everything HMRC wants to see and nothing they don't.

On-chain audit trail (immutable record)

Cryptographic proof of the verification. Can't be altered, can't be lost, can't be faked.

Perpetual monitoring (alerts if risk changes)

Ongoing sanctions, PEPs, and adverse-media surveillance. You get notified the moment something changes.

Zero documents stored - no PII liability

Nothing for a future breach to expose. No filing cabinet. No ICO letter waiting in the post.

24-month credit validity

Credits never expire inside two full tax years. Use them when you need them, not on an arbitrary clock.

Active pressure

Why Now?

HMRC enforcement accelerating - fines issued weekly

£400 HMRC fee starts December 2025 - per premises, per year

170 agencies fined in 6 months - don't be next

Total cost of ownership

What it actually costs to do this manually.

A single AML check isn't just the time on screen. Add the chasing, the storage, and the breach exposure.

Staff time

£20

47 minutes per check

Storage

£8

5 years of liability per file

Breach risk

£1,250

HMRC minimum fine per failure

WhyAML

1 check

Covers all three.

One verification covers staff time, storage liability, and breach exposure. All prices exclusive of VAT.

Institutional Grade Verification Credits

Same verification standard as major financial institutions.

Basic

£60

10 credits

+ 2 bonus credits

£6 per credit

Zero Risk

No contract

Buy credits, use them when you need them.

Price locked

Valid for 24 months from purchase.

Works today

No IT, no training. Use in 10 mins.

Full documentation

TDD pack for your Practice-Wide Risk Assessment.

Stop anytime

No notice period. Unused credits stay valid for 24 months.

Inside the platform

What you'll actually use.

No vapourware. No coming-soon. Built, working, and audit-ready.

Dashboard

See every customer at a glance - verified, pending, flagged.

Customer list

Sort, filter, and download Compliance Certificates in two clicks.

Customer profile

Full audit trail per customer. Ready for the next HMRC inspection.

If something goes wrong

Every verification carries a £1,250 indemnity.

If HMRC challenges a WhyAML verification and you're fined the minimum £1,250, we cover it.

Coverage

£1,250 per verification - the HMRC minimum-fine threshold.

Conditions

Verification completed and certificate stored. No further paperwork.

Why we offer it

The methodology satisfies Reg 28. We're staking our money on it.

Regulation 28: the substantive basis for identity verification

Regulation 28 of the Money Laundering Regulations 2017 requires customer identity to be verified from a reliable and independent source. This is the substantive legal foundation on which WhyAML's verification methodology stands.

A regulated financial institution that has performed customer identity checks under its own regulatory obligations is such a source. At present these are FCA-registered crypto-asset firms, supervised for anti-money-laundering purposes under the Regulations; a later phase extends this to FCA/PRA-authorised banks, accessed through read-only Open Banking. WhyAML does not adopt or rely on that institution's due diligence - Regulation 39 (reliance on third parties) is not engaged - it independently witnesses the individual's authenticated, ongoing control of the relationship.

What the method produces is a verification anchored in a real, regulated relationship with genuine economic activity: a fraud-traceable record at an accountable institution, rather than a static document that can be forged. This is what the anti-money-laundering regime exists to enable.

Regulation 28 is the rule that makes the method lawful. It is distinct from Regulation 19(4)(c), which is the procedural rule under which a firm records its decision to adopt the technology.

Ready when you are

Get HMRC-ready in 5 minutes

Subscribe - 20 Credits

Start verifying clients today. No onboarding required.