New anti-money laundering regulations: action for pension scheme trustees

29 August 2017

Pension scheme trustees should be aware of requirements under new money laundering regulations to record information and, in some cases, to give the information to third parties and to register the information with HMRC.

Some details of how the new regime will apply to occupational pension schemes are not yet clear. Further guidance is expected from HMRC in the autumn.

This note sets out current understanding of the new requirements and recommends action to be taken by occupational pension scheme trustees. 

To read the full briefing note, click here.