I can not imagine that the UK agencies are comfortable with the anonimity
offered to UK owners of N reg aircraft through US based trusts.
And how is that different from the anonymity offered UK owners of UK reg aircraft through anonymous corporate vehicles and trusts? This "trust loophole" fallacy is always repeated in an FRA forum. Let us be perfectly clear. I can be a lunatic bent on world domination. I can set up a whole chain of anonymous offshore vehicles. At one end of my chain an entity can buy me an EU (note any EU) register aircraft and base it in the UK. How regulating bloke X with an N-reg Cirrus at Blackbushe out of flying helps serve any public purpose or interest is beyond me.