Under the regulations implemented as a result of 4AMLD, the information given to HMRC that is held on the trust register is not on the public record and, if requested, can only currently be shared by HMRC with other law enforcement agencies in the UK or an EEA member state.

Provisions in 5AMLD mean that any member of the public may access information held on the (company) PSC register.

However, there are tighter restrictions on those who can access information on the trust register. Here, 5AMLD provides that EEA member states shall implement regulations to ensure that the information on the beneficial ownership of a trust or similar legal arrangement is accessible to:

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