17th May 2021
Trust in the Future (45 minutes)
45 minutes CPD
In this session Graeme Robb, one of our Senior Technical Managers explored the Trust Registration Service (TRS) and considered how it’s been shaped by not one, but two Money Laundering Directives (4MLD & 5MLD). He analysed which trusts are included and which are exempt and explained what information is required, who is responsible and when. The session is vital to assist advisers when interacting with trustees.
Learning Outcomes – to demonstrate an understanding of:
- The background to the introduction of the Trust Registration Service
- The impact 4MLD & 5LD has had on trusts
- Which trusts are included and which are exempt
- The deadlines
