The 4th AML Directive Agreement – a pragmatic solution

Reports suggest that late last night the EU Parliament and Member States finally reached an agreement on the 4th Anti-Money Laundering Directive. The agreement will see a  mandatory requirement for registration of beneficial owners for corporates, but is less than clear on the issue of public access to such a register, allowing access to be… Read More The 4th AML Directive Agreement – a pragmatic solution

STEP England & Wales Biannual Statement – December 2014

There have been some important changes in the England and Wales Regional Committee since the last Chair’s statement in June. Most significantly Patricia Wass has recently finished her term as Chair of the Committee. As will be evident from the Committee’s recent statements Tricia has steered the Committee through a number of important discussions and… Read More STEP England & Wales Biannual Statement – December 2014

Battle Over Exempting Trusts From Public Registry Continues Between EU and UK

This article originally appeared at ACAMS moneylaundering.com  On the eve of key behind-the-scenes talks on the Fourth European Union Anti-Money Laundering Directive, the rift over proposals for the public register of trusts has widened between the United Kingdom and Europe. Officials from the European Parliament, Commission and Council are set to meet Tuesday to discuss… Read More Battle Over Exempting Trusts From Public Registry Continues Between EU and UK

STEP Wealth Structuring News Digest wrap-up – November’s top stories

Need to catch up on a month’s worth of news in just a few minutes? Welcome to the wrap-up of the top ten most popular stories in the STEP Wealth Structuring News Digest throughout November. In case you missed them, here are the worldwide industry news stories most viewed by our readers. G20 summit agrees beneficial ownership policy: G20… Read More STEP Wealth Structuring News Digest wrap-up – November’s top stories

STEP UK News Digest wrap-up – November’s top stories

The year is drawing to a close but there has still been plenty of activity in the private wealth sector throughout November. Welcome to the wrap-up of the top ten most popular stories in STEP’s online UK Digests throughout November as clicked by our readers. Woman who disowned mother fails in claim on estate: A woman who wrote… Read More STEP UK News Digest wrap-up – November’s top stories