On 25 January 2016, the UK Department for Business, Innovation and Skills published Draft Regulations for companies and accompanying Explanatory Memorandum implementing the requirement for companies to keep registers of people with significant control.

This legislation will impact UK registered companies with Jersey registered shareholders.

To view the Draft Regulations please click here.

To read the Explanatory Memorandum please click here.

For more information and guidance for companies and limited liability partnerships please click here.