From April 2016 companies and limited liability partnerships (“LLPs”) (except for publicly traded companies) will be required to create and maintain a register of persons with “significant control” over the company (“PSC Register”) and in due course send that information to Companies House where it will be publically searchable.
What’s the purpose of the new regulations?
United Kingdom, Insolvency & Restructuring, Squire Patton Boggs, Limited liability partnership, Beneficial ownership, Companies House