President of the Barbados Estate Agents and Valuers Association (BEAVA) Arthur Ramsay has welcomed the introduction of the Compliance Unit, saying it should play a great role in helping to weed out any bad players in the local real estate market.However, he told Barbados TODAY in an interview on Tuesday, that he still believed laws should be put in place to give BEAVA teeth to better govern and police the sector.“I know the government has been doing a lot with the Financial Intelligence Unit and Compliance Unit in terms of trying to monitor transactions and what is happening with transactions and who is doing the transactions to [eliminate] money laundering and make sure the use of money is being monitored. That has helped in some factors but in some factors it has hindered us how we police certain things,” he said.
