UK trust Registration Service - consultation
The UK government is holding a detailed technical consultation on extending the Trust Registration Service to include the draft legislation and proposals on the types of express trusts that will be required to register, data collection and sharing, and penalties. The Closing date for comments: 21 February 2020
Read the consultation here
Technical consultation document: Fifth Money Laundering Directive and Trust Registration Service = https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/860269/Technical_consultation_document_Fifth_Money_Laundering_Directive_and_Trust_Registration_Service.pdf
The Above follows April 2019, where the UK the government held a consultation seeking views on transposing the Fifth Money Laundering Directive into national law.
The consultation ended on 10 June 2019 and the response was published on 23 January 2020. https://www.gov.uk/government/consultations/transposition-of-the-fifth-money-laundering-directive