Wealth and trusts quarterly digest November 2017
Welcome to our latest Wealth and trusts digest.
Our quarterly digest provides up to date commentary and analysis on key sector developments. It is written by members of our wealth and trusts team to assist you and your clients in responding to market trends and legal developments. We would welcome the opportunity to discuss any issues you may have and always welcome feedback on the content of our publications.
The 2017 Money Laundering Regulations: how do they affect trustees?
Trustees may now have obligations to ensure that their trust is registered and to provide information about both the trust and its beneficial owners on an ongoing basis, as well as having more general obligations to comply with regulations following the implementation of the 2017 Money Laundering Regulations (the Regulations), which came into force on 26 June 2017.