HMRC announcements

Anti-money laundering measures are changing on 26 June.

These notes are copied from a Gov.uk announcement today: On 26 June 2017 changes will be made to UK anti-money laundering measures to help prevent money laundering and terrorist financing. It’ll increase the transparency of who owns and controls companies in the UK. This legislation will make changes to current requirements about people with significant… Continue reading Anti-money laundering measures are changing on 26 June.

HMRC announcements

Scottish LLPs subject to new regulation

New laws will force Scottish limited partnerships to disclose ownership and control information. Partnerships who fail to comply within 28 days will face fines. Laws will help to improve transparency of partnerships and act as a deterrent against their use for criminal ends. Around 30,000 firms registered as Scottish limited partnerships will be forced to… Continue reading Scottish LLPs subject to new regulation