It was Britain’s Big Idea to improve trust and transparency in its often shadowy corporate world. Back in June 2016 the UK forced most companies to say who, if anyone, controlled them. After all, politicians conceded, hidden ownership facilitated crime. A year later Scotland’s troubled limited partnerships or SLPs were added to the scheme after a […]

The UK has become one of the first major economies to place strict rules on the disclosure of beneficial ownership following the passing of the Small Business, Enterprise and Employment Act 2015 at the end of March. The act makes it a legal requirement for companies to maintain a public register of anybody who has […]

From January 2016, Companies will be required to keep a Register of Persons with Significant Control (PSC) and from April 2016, this will need to be filed with the Registrar of Companies. This register has been introduced to increase transparency of ownership within companies. There may well be changes in he definition of who is […]