Joint Law Society and City of London Law Society Q&A on the PSC Registers

This Q&A has been drafted by a joint working party of the Law Society and City of London Law Society Company Law Committees (the "Committees") as a result of practitioner experience on the regime for the Register of People with Significant Control (“PSC Register”) in Part 21A and Schedules 1A and 1B of the Companies Act 2006 (“CA 06”) and associated secondary legislation between 2016 and 2019.

The purpose of the Q&A is to highlight certain areas of complexity within the regime which are not specifically covered by the PSC Register primary and secondary legislation or the related guidance issued by the Department for Business, Energy and Industrial Strategy ("BEIS").