The following Corporate guidance note provides comprehensive and up to date legal information covering:
BREXIT IMPACT: Several aspects of the PSC regime will be affected by Brexit, including:
the availability of the Societas Europaea (SE) in the UK. For further details see Practice Note: Brexit—European entities
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)
references to the EEA in Schedule 2 to The Companies (Disclosure of Address) Regulations 2009 and Schedule 4 to The Register of People with Significant Control Regulations 2016, which will be amended in accordance with paragraphs 9, 10, 13 and 14 of Schedule 2 to the EU Exit Regulations
references to regulated markets and the EEA in regulations 2 and 3, and in Schedule 5 to The Scottish Partnerships (Register of People with Significant Control) Regulations 2017, which will be amended in accordance with paragraphs 15–18 of Schedule 2 to the EU Exit Regulations
The framework of the people with significant control (PSC) regime, which originally took effect on 6 April 2016, is set out in Part 21A of the Companies Act 2006 (CA 2006) , as originally inserted by Schedule 3 of SBEEA
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