Persons with significant control: a proposal to reveal who controls your company
By Sian Sadler
The government has unveiled the detail of proposed new legislation that will require companies to keep a new register of persons with significant control.
The Small Business, Enterprise and Employment Bill, published on 25 June 2014, follows the government’s announcement of measures designed to increase transparency in the ownership and control of UK companies.
The measures will apply to all UK companies, other than those that are subject to chapter 5 of the Financial Conduct Authority’s Disclosure and Transparency Rules. This means that companies listed on the London Stock Exchange and AIM will be exempt from the new requirements…
Click on the link below to read the rest of the Shoosmiths briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Shoosmiths
News from The Lawyer
Briefings from Shoosmiths
The law provides that if you would like to move a child from their main country of residence, the consent of the other person with parental rights should be obtained first.
There are now a range of options for resolving a dispute between a consumer and a trader.
Analysis from The Lawyer
Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future
There’s more to the ABS model than attracting the man in the street and procuring external investment. Partners at the big corporate firms, take note…