Intrusive rules. I want to complain but don't know how...

ACG

Words escape me.

Nobody has accused you of anything, they have asked for evidence of where the money has come from. That is completely difference to asking someone to prove they are not a drug dealer.

If you want to put it in the same context of a drug dealer it would be more like pulling someone over WITH the drugs and checking how much they have to see whether it would class as personal use or dealing.

Also just to add, this is not the lenders rules or your solicitors rules. It comes from the govt and most likely the european union. So if you really want to complain, I would suggest giving your local MP a call and seeing how much time he has for this.

Thrugelmir

engineer_rain wrote: »

It's pretty ironic that someone with nearly 38,000 posts here is telling me to get a life. Perhaps some introspection is required?

I've been on the forum over 9 years. As found it a great place to gain and impart knowledge. In the process never having the need to reregister.

I suspect that you'll reregister in the future. Once you realise how your posts make you look.

I did answer the main point of your question. For somebody that doesn't like tedium. You generate plenty of your own.

engineer_rain

shortcrust wrote: »

Another point of view is that someone who's been thanked over 33,000 times on the site might be worth listening to.

Ok shortcrust. Lets say I need to get a life. What should I do, what does that even mean?

Should I just sit here and accept the status quo even though it is complete and utter BS?

Should I just say f it all and go into the drug game. I mean if I am a criminal by default then I may aswell be doing the crime and getting paid for that.

Should I just give up any sort of right to privacy and spunk all of my familys financial information on the web for all to pick over?

kingstreet

engineer_rain wrote: »

I resent the fact that I am essentially being accused of money laundering

Each link in the chain of a financial transaction, be that broker, lender or solicitor has to be able to contribute to an audit trail which can be followed by the police in the event of a money laundering investigation.

You aren't the criminal and your solicitor isn't the police. However, failing to add to the audit trail by not adhering to the money laundering regulations can leave a firm open to an allegation of aiding and abetting, so we all take it very seriously.

Unfortunately, this is unlikely to be the last time you have such an experience.

engineer_rain

Thrugelmir wrote: »

I've been on the forum over 9 years. As found it a great place to gain and impart knowledge. In the process never having the need to reregister.

I suspect that you'll reregister in the future. Once you realise how your posts make you look.

I did answer the main point of your question. For somebody that doesn't like tedium. You generate plenty of your own.

If I need to generate some tedium in order to attempt to change what is an utterly banal aspect of buying a house then shouldn't I give it a shot?

Maybe it will benefit someone in the future.

mrs_blackadder

engineer_rain wrote: »

Ok shortcrust. Lets say I need to get a life. What should I do, what does that even mean?

Should I just sit here and accept the status quo even though it is complete and utter BS?

Should I just say f it all and go into the drug game. I mean if I am a criminal by default then I may aswell be doing the crime and getting paid for that.

Should I just give up any sort of right to privacy and spunk all of my familys financial information on the web for all to pick over?

Whatever floats your boat...

nobodysdriving

if it is something important to you then yes you should complain of course

I also did not like having to 'prove' to anyone that my father wanted to give me £13000 of his own hard earned money....I've been told it was to show I got it 'legally', so in essence they are checking I have not hacked into my father's bank account and wired the money across.....if I wanted to I could get offended by that, also if my father was so 'silly' not to check his bank account regularly and notice that £13000 have been paid to JJ his daughter's bank account then it would be his fault for not checking in my own opinion etc etc etc
(at the same time I actually do agree that for some more 'vulnerable adults' it is good these checks are carried out, I could have 'conned' my father out of his money I would not have been the first in history to do so.....)

however it is law and so much that I may or may not agree or understand it then I have to go along with it.....

however if this law is something which upsets you and you feel so strongly about then I am not going to ridicule for this, it is good you speak your voice.

engineer_rain

kingstreet wrote: »

Each link in the chain of a financial transaction, be that broker, lender or solicitor has to be able to contribute to an audit trail which can be followed by the police in the event of a money laundering investigation.

You aren't the criminal and your solicitor isn't the police. However, failing to add to the audit trail by not adhering to the money laundering regulations can leave a firm open to an allegation of aiding and abetting, so we all take it very seriously.

Unfortunately, this is unlikely to be the last time you have such an experience.

Ok! now we are getting somewhere. So these money laundering regulations...tell me more...why do we have these regulations? why is it somehow my job to prevent money laundering? I'm not the police.

For example, when I buy a house why don't I have to make a charitable contribution to cancer research? it is another one of societies problems that has nothing directly to do with me or my house. Am I supposed to fix this too?

You might think it sounds stupid but think about it. Money laundering and buying property are absolutely nothing to do with eachother. There are plenty of ways to launder money.

engineer_rain

mrs_blackadder wrote: »

Whatever floats your boat...

Thanks for your contribution. This was very helpful.

Thrugelmir

engineer_rain wrote: »

If I need to generate some tedium in order to attempt to change what is an utterly banal aspect of buying a house then shouldn't I give it a shot?

Maybe it will benefit someone in the future.

Become an MP then. As it's the law that requires change. Alternatively don't use gifted money to buy a house in future. Would be my advice.