On 1 April 2014 HM Revenue and Customs (HMRC) became the supervisor of Estate Agency Businesses under the Money Laundering Regulations 2007. For more information about the regulations read the introduction to the money laundering regulations. HMRC has published guidance for Estate Agency Businesses on how to comply with their obligations under the money laundering regulations and related legislation. The guidance explains what businesses must do to protect themselves from the risks of money laundering and terrorist financing and how to report suspicious activity.