AML/CFT Customer Due Diligence: Trusts

A trust is an arrangement where a person (the settlor) gives money or property to another person (the trustee), to be held in trust for the benefit of either the trust’s beneficiaries, or a purpose recognised by law.

Download the AML/CFT customer due diligence PDF.


Download the Beneficial Ownership guideline, PDF


AML CFT interpretation of a trust as a customer

Clarification of the position the AML/CFT supervisors are taking with respect of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (“the Act”) interpretation of a trust as a customer.

/Public Release. View in full here.