Impact of PSC Register Regime on banking transactions—training materials
Impact of PSC Register Regime on banking transactions—training materials

The following Banking & Finance guidance note provides comprehensive and up to date legal information covering:

  • Impact of PSC Register Regime on banking transactions—training materials

BREXIT: The UK is leaving the EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). Several aspects of the PSC regime will be affected by Brexit, including:

  1. the availability of the Societas Europaea (SE) in the UK. For further details see Practice Note: Brexit—European entities

  2. references to regulated markets in the EEA in Part 21A of the Companies Act 2006, which will be amended in accordance with paragraphs 10 and 11 of Schedule 1 to The Companies, Limited Liability Partnerships and Partnerships (Amendment etc.) (EU Exit) Regulations 2019 (SI 2019/348) (the EU Exit Regulations)