UK: PEOPLE WITH SIGNIFICANT CONTROL (PSC) GUIDANCE

On 9 February, Companies House released updated guidance on what are sometimes called ‘beneficial owners’.

https://www.gov.uk/guidance/people-with-significant-control-pscs

DETERMINING A PSC – WHAT CRITERIA NEEDS TO BE SATISFIED?

On 8 February, an article from Herrington Carmichael LLP considers the assessment criteria for the determination of a PSC status. A PSC is an individual who falls into one or more of several categories in relation to a company, and which are detailed in the article.

https://www.herrington-carmichael.com/determining-a-psc/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section View all posts by raytodd2017