Posted in Corporate Governance & Regulation
The Money Laundering Regulations (MLR) are designed to protect the UK financial system and put in place certain controls to prevent businesses being used for money laundering by criminals and terrorists.
Many businesses are monitored by the
Posted in Corporate Governance & Regulation
The Charity Commission has warned charities that the deadline for submitting the 2017 annual return is fast approaching. The deadline for charities with a standard 12-month accounting period is 31 October 2018. According to the Charity Commission,
Continue readingPosted in Corporate Governance & Regulation
There are a number of reasons why a limited company may be no longer required and can be shut down. This may be because the limited company structure:
no longer suits the needs of its owners,
the business is no longer active, or
the company is
Posted in Corporate Governance & Regulation
The register of People with Significant Control (PSC register) came into effect on 6 April 2016. The PSC register is used to identify and record the people who exert significant control over UK companies, often known as beneficial owners.
A PSC is