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Limited Partnerships Person with Significant Control (PSC Register)

Morrison & Foerster LLP

Companies House to impose new ID verification requirements

Morrison & Foerster LLP on

The Economic Crime and Corporate Transparency Act 2023 (“ECCTA”) introduces changes to UK company law to ensure accuracy of public information and reduce the possibility of fraud. Some of the key points are:...more

McGuireWoods LLP

Companies House Reforms: The Economic Crime and Corporate Transparency Bill

McGuireWoods LLP on

What? The Economic Crime and Corporate Transparency Bill, published 22 September 2022, proposes fundamental changes to Companies House. The government intends these changes to improve data reliability at Companies House...more

Latham & Watkins LLP

UK Economic Crime Bill to Reform Companies House

Latham & Watkins LLP on

The UK government is taking further measures to tackle economic crime in the UK, reforming its corporate register, and giving extra powers to the Serious Fraud Office. The UK has published the new Economic Crime and...more

Hogan Lovells

Scottish limited partnerships and pension scheme funding: action needed by trustees and employers?

Hogan Lovells on

From 24 July 2017, Scottish limited partnerships are required to register details of "persons with significant control" (PSCs) over the partnership and "relevant legal entities" (RLEs) with Companies House. For this...more

Proskauer Rose LLP

Changes to the UK ‘Persons with Significant Control’ Regime and Potential Impact on UK Fund Structures

Proskauer Rose LLP on

This week, the Fourth Anti-Money Laundering Directive came into force in the UK. Among the changes arising from the transposition of the Directive in the UK has been to broaden the "persons with significant control" (PSC)...more

McGuireWoods LLP

UK Private Equity and Venture Capital Funds, Take Note: New PFLP

McGuireWoods LLP on

From 6 April 2017 a new private fund limited partnership (PFLP) vehicle will be available. Limited partnerships are a commonly used structure for private equity and venture capital funds. The Legislative Reform...more

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