Despite some industry insiders predicting that they’d overshoot the deadline for implementing beneficial ownership disclosure requirements of the Fourth Money Laundering Directive (EU 2015/849), the Department for Business, Energy and Industrial Strategy (DBEIS) has finally introduced the much-trailed overhaul of the “persons with significant control” (PSC) regime that currently applies to UK companies and limited liability partnerships (LLPs).
10 July 2017
Despite some industry insiders predicting that they’d overshoot the deadline for implementing beneficial ownership disclosure requirements of the Fourth Money Laundering Directive (EU 2015/849), the Department for Business, Energy and Industrial Strategy (DBEIS) has finally introduced the much-trailed overhaul of the “persons with significant control” (PSC) regime that currently applies to UK companies and limited liability partnerships (LLPs).
