COVID forever altered how firms see their internal protocols and processes. It affected companies of all sizes and industries, posing new difficulties for staying connected. The pandemic showed that all firms must incorporate digital tools into everyday routines. They became vital for far more than hybrid working models.
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This tutorial is a guide to the Trust Registration Service (TRS) explained by Anna Blake. The TRS was introduced to comply with European anti-money laundering regulations, even post-Brexit. It is mandatory for relevant trusts to be registered and kept updated on the TRS. Clients of SJP should register any trust that holds an investment bond, designated unit trust for children or grandchildren, or asset preservation trust set up after October 6, 2020. Anna provides background information and tips before walking viewers through the online registration process.
