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
Error.
No results.
Risk resilience-navigating the storm
03/12/2025
This article explores the topic of risk management. We provide some real examples from our recent autumn risk conference.
Judicial review: what you need to know
01/12/2025
In this article, we explore all aspects related to judicial review.
What the UK’s new Financial Inclusion Strategy means for financial services firms
28/11/2025
This briefing summarises the key points and outlines the implications for banks, fintechs, insurers, credit unions, employers, and other financial services stakeholders.
{name}
{properties.pageSummary}
{properties.headline}
{properties.pageDate|date:dd/MM/yyyy}
{properties.shortDescription}
{properties.eventName}
{properties.pageDate|date:dd/MM/yyyy}{properties.shortDescription}
