The rules for real estate changed on 1 August 2026. Is your business ready?
REAA registration is now mandatory, a new Code of Practice is in force, and real estate agents and land promoters face AML/CFT obligations under FIAMLA. Yet important practical grey areas remain. JurisComply has mapped the obligations, identified the gaps and is engaging directly with the relevant regulators to get the answers businesses need — helping clients move forward with greater clarity and confidence.
REAA Registration Mandatory from 1 August 2026
Reporting person under FIAMLA
World-Check (LSEG) screening
MQA / HRDC approved compliance training
Real estate is now firmly in the regulator’s sights.
Registration, due diligence and reporting obligations are no longer optional. Real estate professionals now operate within a more demanding compliance environment, with greater expectations around AML/CFT controls, customer due diligence, screening and reporting.
REAA registration became mandatory for real estate agents and land promoters.
Increase in Suspicious Transaction Reports filed with the FIU, reaching 3,798 filings in 2025.
Maximum administrative penalty per FIAMLA breach under the applicable penalty framework.
Real estate risk rating reflected in the second National Risk Assessment, ahead of the 2027 ESAAMLG evaluation.
16 compliance obligations. One framework to manage them.
From REAA registration and customer due diligence to screening, reporting and ongoing monitoring, real estate professionals now need a structured, auditable approach to compliance.
REAA Registration & Fit-and-Proper
What this means: Registration with the Real Estate Agent Authority is mandatory from 1 August 2026, with the applicable requirements under the Act.
How JurisComply helps: End-to-end REAA registration support for companies, sociétés, partnerships and individuals.
FIU Registration & goAML
What this means: Enrol as a reporting person with the Financial Intelligence Unit on the goAML platform.
How JurisComply helps: We handle enrolment and set up your reporting profile correctly.
Appoint an MLRO / Compliance Officer
What this means: Designate and empower a Money Laundering Reporting Officer and Compliance Officer.
How JurisComply helps: MLRO/CO set-up, or outsourced/interim support where capacity is limited.
Customer Due Diligence
What this means: Identify and verify buyers, sellers and their representatives before and during a transaction.
How JurisComply helps: CDD frameworks and file testing tailored to real-estate transactions.
Source of Funds / Wealth
What this means: Establish where a buyer’s money comes from, especially for non-citizen buyers.
How JurisComply helps: SOF/SOW review templates and independent verification support.
Beneficial Ownership
What this means: Identify the natural persons behind corporate buyers and structures.
How JurisComply helps: UBO identification, including layered and corporate ownership.
PEP & Sanctions Screening
What this means: Screen all parties against sanctions and PEP data, accurately and in time.
How JurisComply helps: World-Check (LSEG) screening with a fast, deal-friendly turnaround.
Business Risk Assessment
What this means: Assess your agency’s ML/TF risk across clients, transactions and geography.
How JurisComply helps: We build your BRA and keep it current.
Customer Risk Scoring
What this means: Apply a defensible, risk-based rating to each client relationship.
How JurisComply helps: A calibrated client-risk model built around your business.
Suspicious Transaction Reporting
What this means: File timely, good-quality STRs to the FIU through goAML.
How JurisComply helps: STR support and MLRO reporting guidance.
Record-Keeping
What this means: Retain and retrieve transaction and CDD records for inspection.
How JurisComply helps: Evidence-repository design ready for REAA and FIU inspections.
Code of Practice Compliance
What this means: Meet the binding duties in the Code of Practice, including applicable display requirements.
How JurisComply helps: We interpret the Code for your set-up and put it into practice.
Ongoing Monitoring
What this means: Keep client information and risk current across the relationship.
How JurisComply helps: Periodic and trigger-based review programmes.
Training & Awareness
What this means: Train agents, staff and directors on their AML/CFT duties.
How JurisComply helps: MQA/HRDC-approved training plus the JurisComply e-Learning Academy.
Internal Controls & Policies
What this means: Maintain a documented AML/CFT policy and procedure framework.
How JurisComply helps: ICM and full policy suite, drafted and kept up to date.
Security & Registration Duties
What this means: Meet the Act’s security and registration conditions.
How JurisComply helps: We guide you through the requirements and help keep your registration in good standing.
The questions real estate businesses are actually asking
These are the real, unresolved questions created by the registration platform, the Code of Practice and the Act – areas where the REAA and the FIU have not yet provided definitive answers. JurisComply has mapped these gaps and is engaging directly with the relevant authorities to obtain clarity, giving our clients practical guidance while the regulatory position continues to develop.
From “where do we start?” to inspection-ready compliance
Whether you are a land promoter, agency, one-person company or freelance agent, JurisComply helps you put the right framework, controls and processes in place.
Get Registered & Set Up
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REAA registration support for companies, sociétés, partnerships and individuals
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FIU registration and goAML enrolment
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MLRO / Compliance Officer appointment and set-up
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Internal Control Manual, policies and procedures
Buyer & Transaction Screening
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Customer due diligence on buyers and sellers
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Source-of-funds and source-of-wealth reviews
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PEP and sanctions screening using World-Check (LSEG)
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Fast turnaround designed not to slow the transaction
Risk, Reporting & Monitoring
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Business Risk Assessment and client risk scoring
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Suspicious Transaction Reporting support via goAML
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Ongoing monitoring and periodic file reviews
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Beneficial ownership identification, including layered corporate structures
Code of Practice & Inspection Readiness
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Code of Practice compliance and implementation
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Mock inspections and file audits
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Gap remediation with a clear action list
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Regulator-liaison support on areas requiring clarification
Training & e-Learning
MQA & HRDC-approved AML/CFT and CDD training for agents and directors, together with the JurisComply e-Learning Academy, certification and regulator-ready training records.
Built around the regulatory framework that applies to you
Our real estate compliance support is aligned to the key laws, regulatory requirements and standards relevant to the sector.
Anyone can give you a policy pack. We help you understand, implement and defend your compliance framework.
Effective compliance is not just about having the right documents. It is about understanding the regulatory framework, applying it to your business and being able to demonstrate that your controls work in practice.
We mapped the whole framework
Act, Code of Practice, FIAMLA and FIU requirements — including the practical gaps and ambiguities others may overlook.
We go to the source for clarity
Where the framework is unclear, we engage directly with the REAA and FIU to seek guidance on the questions affecting our clients.
Built around how you operate
Promoter, agency, one-person company or freelance agent — your obligations and risks differ. Your compliance framework should too.
World-Check capability built in
Our access to LSEG Risk Intelligence supports robust PEP, sanctions and adverse-information screening as part of a defensible compliance process.
We help you stand up to scrutiny
Independent file reviews, mock inspections, remediation and clear evidence trails help keep your business ready for REAA and FIU scrutiny.
Backed by the JurisTax Group
Compliance, corporate, tax and technology expertise across multiple jurisdictions supports more complex client and transaction needs.
Don’t guess your way through the new requirements.
Whether you are registering, reviewing your existing compliance framework or dealing with a specific real estate transaction, JurisComply can help you understand what applies, identify the gaps and put the right controls in place.
Confidential. Practical. Obligation-free.
Important regulatory information & disclaimer
Regulatory information
Certain matters discussed on this page, including those identified within the “Grey Zone”, relate to areas where definitive regulatory guidance may not yet have been issued. The information reflects the position understood at the date of publication and may change following clarification or guidance from the relevant authorities.
General disclaimer
This page is provided for general informational purposes only and does not constitute legal or other professional advice. It should not be relied upon as a definitive interpretation of applicable law or regulation. JurisComply is not a law firm, and independent legal advice should be obtained where appropriate.
While reasonable care is taken in preparing the information presented, JurisComply makes no representation or warranty as to its completeness, accuracy or suitability for any particular circumstances. Any reliance on the information is at the reader’s own risk.
Data protection
JurisComply processes personal data in accordance with applicable data protection requirements, including the Data Protection Act 2017 of Mauritius.
Regulatory references are current as at the date of publication.