Same in the US. The real estate industry lobbied for an exemption from AML/KYC reporting requirements. If you don't need a mortgage, then you show up with a ca

Same in the US. The real estate industry lobbied for an exemption from AML/KYC reporting requirements. If you don't need a mortgage, then you show up with a cashier's check or briefcase full of cash, sign papers in the name of an LLC or Limited Company and now you have a house in the anonymous shell companies' name and clean money.