Trust Registration Service changes announced in new anti-money laundering consultation
HM Treasury’s consultation on improving the effectiveness of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the MLRs), which place requirements onto a range of businesses to identify and prevent money laundering and terrorist financing. Here we focus on the Trust Registration Service changes
Government consultation on transparency of land ownership involving trusts
The Government’s consultation on the transparency of land ownership when trusts are involved in the ownership structure. It seeks views on the extent to which information about trusts that own land should be made publicly available