From 26 June details of PSC Information will no longer be updated on the confirmation statement (CS01). Instead, companies will need to inform Companies House on forms PSC01 to PSC09 whenever changes occur. Companies will have a 14-day window in which to update their internal registers and a further 14 days to send the new information to Companies House. Therefore, a maximum filing time of 28 days from the date of the event. Continue reading “Changes to PSC Information Filing Requirements”
Month: April 2017
Latest Newsletter
Companies House maintenance and shut down
This is to let you know about planned maintenance that will be occurring at Companies House covering the Easter Break between Thursday, 13 April and Tuesday, 18 April. This will affect most aspects of their online services
Most of their online services will be unavailable from 11:59pm on Thursday 13 April to 7am on Tuesday 18 April.
Click to read the full post Continue reading “Latest Newsletter”
Electronic Verification of Customers
With the advent of the Money Laundering Regulations 2017 just around the corner, getting your policies and procedures ship shape and compliant with the new Regulations can be time consuming especially in the light of Regulation 18(4) which states ‘A relevant person must keep an up-to-date written record of all steps it has taken’ which means your procedures may be asked for by your Supervisory body.
At the heart of the Regulations has always been knowing who you deal with and as such the verification of the client and any beneficial owners are paramount. The new JMLSG guidance in 5.3.14 makes it clear on the verification of not just the customer but also any beneficial owners.
Verification methods have noticeably shifted away from ‘so called identity documents’ to electronic verification, which can offer a much more reliable range of verification data without meeting the customer or beneficial owner face to face.
The range of verification SmartSearches we offer as an agent of Smart Credit are one of the most advanced and reliable offered in the UK covering individuals and company compliance issues.
Please contact us to see how we can help you with your verification of customers on a non-contractual basis.
Seminar Invitation: Anti Money Laundering Update
The next in the Lifecycle national series of FREE training courses is taking place at a venue near you in May 2017.
This series of free seminars is taking place across the UK in May and sees Steve O’Neill, from our partner BTC, present his thoughts on the impact of the new legislation within the Money Laundering Regulations 2017 which are due to come into force later this year.
In his sessions, he will provide an overview of some of the more recent developments that will take place with the introduction of the new legislation that is due to come into effect on 26 June 2017. Continue reading “Seminar Invitation: Anti Money Laundering Update”
Companies House Planned Maintenance
This is to let you know about planned maintenance that will be occurring at Companies House covering the Easter Break between Thursday, 13 April and Tuesday, 18 April. This will affect most aspects of their online services
Most of their online services will be unavailable from 11:59pm on Thursday 13 April to 7am on Tuesday 18 April.
The essential system maintenance to the online services will affect:
- WebFiling
- XML gateway
- WebCHeck
- Companies House Direct
This means you won’t be able to file any information online during this period. We will hold all orders in our review files until the system is confirmed to be back up and running on the Tuesday
You should check Companies House Service (CHS) to see if your accounts are due during the planned maintenance. You may need to file earlier than planned.