Tag Archives: anti-money laundering

To Be [Registrable] or Not To Be, That is the Question

Government consultation on transposing the fifth EU money laundering directive into UK law is under way. Do pension trustees need to worry about it?  Probably not. Most of the shocks came in 2017, when the fourth money laundering directive was adopted in the UK. At the same time that many pension trustees were implementing a … Continue Reading

Finally some compliance respite for UK pension plans!

There’s good news and not so good news about the impact of anti-money laundering (AML) requirements on pension plans. Okay, so this is a slight exaggeration.  There is definitely good news.  The not so good news is only potentially not so good news and, given the new direction of travel of HMRC, it may even … Continue Reading

To infinity and beyond – anti-money laundering hits new heights

Whilst trustees of occupational pension plans are still grappling with the implications of the EU’s fourth money laundering directive, they will be horrified to hear that the fifth money laundering directive is already on its way! The fourth money laundering directive was implemented in the UK on 26 June last year and was the first one … Continue Reading

Trustees – you are not exempt from the money laundering regulations. Do you know what actions you need to take?

A lot has happened since 26 June 2017. We’ve had Wimbledon, summer holidays, a total solar eclipse, Leeds and Reading Festivals, the summer transfer window closed (football, not pensions), the start of the autumn term at school, the World Black Pudding Throwing Championships, Proms in the Park and we are now nearly into half term.  … Continue Reading
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