UK trust structures offer unique privacy and asset protection benefits. Unlike the FATF model, the UK relies on the Person of Significant Control (PSC) framework, often recording trustees as controllers instead of settlors or beneficiaries. Non-UK and UK non-resident trusts usually avoid registration with HMRC or the Trust Registration Service, except in limited cases. When layered with tools like PPLI, UK companies can even file as dormant, bypassing audits. In certain setups—such as non-resident trusts in CRS non-participating jurisdictions—no CRS reporting is required, adding further confidentiality.