Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what estimate he has made of the number of people who have registered trusts with the Trusts Registration Service in the last 12 months.

The Trusts Registration Service was created following the implementation of the EU Fourth Money Laundering Directive to combat money laundering and terrorist financing. The Service went live last year and to date there are 89,439 trusts registered.