Trusts

New Trust Registration Rules – (Part 1)

On 24th January 2020 HMRC published its technical consultation on the changes to Trust registration. These changes are part of the 5th Anti-Money Laundering Directive (5MLD) which builds on the Fourth Anti-Money Laundering Directive, which came into effect June 2017. The 5MLD aims to further combat financial crime by boosting existing transparency rules and to prevent money […]

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