TRANSPARENCY AND TRUST;
ENHANCING THE TRANSPARENCY OF UK COMPANY OWNERSHIP AND INCREASING TRUST IN UK BUSINESS;
The main changes to UK company law, and proposed implementation dates;
Register of people with significant control;
PSC register: Information gathering, Information on the PSC register;
Person not complying with his duties in connection with the PSC register – imprisonment or fine (or both);
PSC register – Right to issue restriction notice;
PSC register – Inspection;
PSC register – Alternative method of record keeping;
Other areas: Prohibition of the appointment of companies and other corporate entities as directors, Abolition of bearer shares