Thursday 17 March 2016

UK: The European Public Limited Liability Company (Register of People with Significant Control) Regulations 2016

The European Public Limited Liability Company (Register of People with Significant Control) Regulations 2016 were made earlier this week and laid before Parliament yesterday: see here or here (pdf).  The purpose of the Regulations is to amend the current framework governing the register of people with significant control - Part 21A of the Companies Act 2006, as inserted by section 81 of the Small Business, Enterprise and Employment Act 2015, and the Register of People with Significant Control Regulations 2016 - in order that it applies to European public limited liability companies (Societas Europaea, or SEs) registered in the United Kingdom. Further information is available in the accompanying explanatory memorandum: see here (pdf).

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