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

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Tags: AML MLR TRS trust registration service TRS manual IDD life policy trusts