Posted by Rishi Ladwa, Associate
New changes to the PSC requirements which affects UK companies and LLPs
It’s been over a year since UK companies and LLPs have been required to keep a Register of Persons with Significant Control (PSC Register). Since the rules came into force, all companies and LLPs should have been through the process of identifying their PSCs, drafting their PSC Register and notifying Companies House accordingly. However, recent changes to the notification requirement means that you may need to revisit this process again.