There have been a number of significant legal changes within the last year relating to both i) transparency of ownership, and ii) national security.
These new requirements are in addition to the transparency regimes already in place in the UK (such as the Register of People with Significant Control (“PSC”) regime) and are part of the wider landscape of increased corporate governance, transparency, tackling economic crime and protecting national security.
This note provides a brief high-level summary of each new and related regime:
- Register of Persons Holding a Controlled Interest in Lan (“RCI”) (applicable to land in Scotland only)
- Register of Overseas Entities (applicable UK wide)
- Trust Registration Service (applicable UK wide)
- Register of People with Significant Control (applicable UK wide)
- DAC 6 (applicable UK wide)
- National Security and Investment (applicable UK wide)
The provisions of every regime are extensive and how the regimes interact is complex. Please get in touch if you require further information or want to discuss how these requirements might impact your business and/or assets. We have provided contact details at the end of this briefing note.
The briefing note can be viewed here.
Written by
Related News, Insights & Events
Data and the digital economy: Managing risk and making the most of opportunities
30/09/2025 - Edinburgh
Data is everywhere – and the ways in which we’re collecting, processing and utilising it are constantly evolving, while regulation and governance best practice struggles to keep up.
Summary of Employment Rights Bill implementation
19/08/2025
Focussing on the four key areas of the Employment Rights Bill
Burness Paull invests to support sustainable growth as it embarks on new three-year strategy
29/07/2025
Burness Paull has reported its results for the financial year ended 31 March 2025.
