Australia’s largest property listings group REA, which is majority owned by Rupert Murdoch’s News Corp, has launched a third bid for UK rival Rightmove, valuing it at £6.1bn. REA made the cash-and-shares offer on Sunday based on a price of 770 pence a share, almost 9 per cent higher than its initial 705p offer at the start of the month.

Join FStech editor Jonathan Easton, NICE Actimize's Adam McLaughlin and Graham Mackenzie of the Law Society of Scotland as they look at the role Designated Non-Financial Businesses and Professions (DNFBPs) play in the financial sector, and the challenges they face in complying with anti-money laundering and counter-terrorist financing regulations.

Rupert Murdoch is in a similar position to a London buyer trying to get on the housing ladder. The tycoon’s online property listing company REA Group on Monday outlined a third attempt to buy Rightmove ,