‘Persons with significant control’ resource specification update

Please be advised identification of beneficial owners will now include 14 additional types of natures of control as outlined in the Economic Crime (Transparency and Enforcement) Act 2022 and Economic Crime and Corporate Transparency Act 2023.

Effective date:
No earlier than 19th November 2024

Additional values:
• ownership-of-shares-more-than-25-percent-as-control-over-trust-registered-overseas-entity
• voting-rights-more-than-25-percent-as-control-over-trust-registered-overseas-entity
• right-to-appoint-and-remove-directors-as-control-over-trust-registered-overseas-entity
• significant-influence-or-control-as-control-over-trust-registered-overseas-entity
• ownership-of-shares-more-than-25-percent-as-control-over-firm-registered-overseas-entity
• voting-rights-more-than-25-percent-as-control-over-firm-registered-overseas-entity
• right-to-appoint-and-remove-directors-as-control-over-firm-registered-overseas-entity
• significant-influence-or-control-as-control-over-firm-registered-overseas-entity
• registered-owner-as-nominee-person-england-wales-registered-overseas-entity
• registered-owner-as-nominee-person-scotland-registered-overseas-entity
• registered-owner-as-nominee-person-northern-ireland-registered-overseas-entity
• registered-owner-as-nominee-another-entity-england-wales-registered-overseas-entity
• registered-owner-as-nominee-another-entity-scotland-registered-overseas-entity
• registered-owner-as-nominee-another-entity-northern-ireland-registered-overseas-entity

A full list of natures of control can be found at:

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