The amendments that are proposed in this consultation paper will affect relevant persons carrying on trust company business. Chapter 2 of this consultation paper makes proposals to amend the current sector specific section for trust company business in the AML/CFT Handbook. Whilst a number of changes are summarised in this consultation paper, some of the […]

In the JFSC November 2014 REVISIONS the TCB Sector specific AML/CFT HANDBOOKS, CONSULTATION PAPER AML 4, 2014, the JFSC outline who the customers will be in 3 distinct service propositions and situations (acting as, providing services and formations) and as follows Acts 2.4.3.1 In the case of a relevant person that carries on trust company […]