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The video tutorial is about the Trust Registration Service (TRS) and its importance in complying with European-wide anti-money laundering requirements. The TRS is introduced by HMRC to ensure relevant trusts are registered and kept up to date. Trusts that hold a protection plan only need to be registered when the plan is surrendered or a claim is made. The tutorial covers background information on TRS, hints, and tips, as well as a walkthrough of the online registration process.
