Gemma Davies

Tax Director, BDO

Gemma is part of the Family Private Wealth team in BDO’s London Private Client Services team.

She has over 18 years experience in the area of Trusts, Estates and Family Charities, both offshore and onshore, and is one of the firm’s champions of all aspects relating to the taxation, accounting and compliance matters of UK Trusts.

Gemma works closely with other professionals, especially solicitors and corporate trustees, working with them on a wide range of projects and planning strategies for clients and their families.

Contributed to

1

Trust Registration Service (TRS)—table of registration requirements and deadlines

Practice notes

This Practice Note, written by Gemma Davies of BDO, contains a table which provides at-a-glance information about whether a trust needs to register with the Trust Registration Service (TRS) and, if so, the deadline for that registration. It also contains information about whether the obligation to collect beneficial ownership information applies. This table incorporates the rules brought in as a result of the UK’s implementation of both the Fourth Money Laundering Directive (4MLD) and the Fifth Money Laundering Directive (5MLD).

Private Client