The automatic exchange of information (AEOI), registers of beneficial ownership, and the disclosure of tax avoidance arrangements are three of the key ‘storylines’ in the wealth advisory industry for the past six years, Jennifer Smithson, a partner at law firm Macfarlanes, told an audience of senior trust professionals at PAM Insight’s annual eprivateclient Trust Dinner held in London on 27 November 2018.

There are also three key ‘actors’, which are: the EU, the OECD and the US, although the UK has also played an important role.

Ms Smithson explained she had recently found herself ha...