After long negotiations, the UK and EU Parliament are finally marching to the beat of the same 4th AML Directive drum. However, this was not the only big development in trust and estates around the world last month. Welcome to the wrap-up of the top ten most popular stories in the STEP Wealth Structuring News Digest… Read More STEP Wealth Structuring News Digest wrap-up – December’s top stories
Feeling a bit foggy after the holiday break? It’s time to get back up to speed with the latest trust and estate developments. Welcome to the wrap-up of the top ten most popular stories in STEP’s online UK Digests throughout December as clicked by our readers. Draft legislation to block multiple-trust IHT planning: The government has published new legislation… Read More STEP UK News Digest wrap-up – December’s top stories
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
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
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
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
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
The Contentious Trusts and Estates SIG Half-Day conference is designed to appeal to litigators interested in the latest cases in the field. It’s also relevant to non-contentious practitioners wishing to avoid problems in the future. It will feature leading speakers, in many cases with a direct involvement in the cases considered. Nicholas Le Poidevin QC of… Read More Knowledge pool: why you should attend the Contentious Trusts and Estates SIG Half-Day Conference
Welcome to the wrap-up of the top ten most popular stories in the STEP Wealth Structuring News Digest throughout October. In case you missed them, here are the worldwide industry news stories most viewed by our readers. IFCS group publishes new trust regulation standards: The Group of International Finance Centre Supervisors has issued a new standard on the regulation… Read More STEP Wealth Structuring News Digest wrap-up – October’s top stories
Head in the clouds? Missed key recent industry news? Welcome to the wrap-up of the top ten most popular stories in the STEP online Digests throughout October as clicked by our readers. Charity loses challenge to executors’ interpretation of nil-rate band: The executors of Valerie Smith were entitled to interpret the expression ‘nil-rate band’ in her will… Read More STEP UK News Digest wrap-up – October’s top stories
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