People with Significant Control (Amendment) Regulations 2017
The Government enacted the legislation necessary to implement changes required by the Fourth Money Laundering Directive to the UK regime for the disclosure of people with significant control (PSCs). Two sets of amending regulations were made at the last minute, both of which came into force on 26 June 2017.
- the Information about People with Significant Control (Amendment) Regulations 2017 (SI 2017/693); and
- the Scottish Partnerships (Register of People with Significant Control) Regulations 2017 (SI 2017/694).
Both sets of regulations were laid before Parliament on 23 June, just three days before they came into force. Continue reading