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Written question asked by Peter Dowd (Labour) on Monday, 26 March 2018, in the House of Commons. It was due for an answer on Wednesday, 28 March 2018. It was answered by Mel Stride (Conservative) on Thursday, 29 March 2018 on behalf of the Treasury.


Trusts

Question

To ask Mr Chancellor of the Exchequer, what estimate he has made of the number of people who have registered trusts with the Trusts Registration Service in the last 12 months.

Answer

The Trusts Registration Service was created following the implementation of the EU Fourth Money Laundering Directive to combat money laundering and terrorist financing. The Service went live last year and to date there are 89,439 trusts registered.


Secondary information

Type
Written question
Reference
134174
Session
2017-19
Subjects
Trusts
Contains statistics
Yes
Link
View this Written question on www.parliament.uk