Find out more on the European property markets and professions with updated information, news, reports and links... Read more
Polish real estate professionals are facing deregulation of the profession in their country. Is this an opportunity? Read more
This report analyses regulation of real estate professions and characteristics of housing markets. Read more
To follow this debate it is important to look both at the reasons behind the regulation. An opinion. Read more
Important progress has been made in negotiations concerning the revision of the Third Anti-Money Laundering (AML) Directive. One of the last points under discussion was the creation of central registers in EU countries listing the ultimate owners of companies. On 16 December agreement was reached between the European Parliament and the European Council on central registers and access to the information to be recorded in them. Access to such information is important for all “obliged entities” (including estate agents) who are required to comply with the terms of the directive.
On 16 December the European Commission published its work programme for 2015. It sets out focused actions for 2015 in line with the political guidelines issued previously by Commission President Jean Claude Juncker. There are 23 new initiatives proposed on which the Commission is committed to deliver in 2015. There are 80 existing proposals which the Commission proposes to withdraw or amend for political or technical reasons. In addition it has identifies a series of proposals and existing legislation which will be reviewed and amended.
A new standard for measuring property has been successfully launched. It creates a uniform method for measuring property and is set to replace dozens of existing standards. It aims at bringing transparency and consistency to real estate markets. It will benefit the way property assets are managed and, ultimately, how financial decisions are made by investors, corporate occupiers, buyers and sellers.