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PSC register: will the PSC regime apply to overseas companies?
Practical Law Resource ID a-023-1030 (Approx. 3 pages)
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Q:
Will the new PSC register regime apply to companies that are registered in the UK as overseas companies? The entity concerned has an overseas registered office and a company number that starts FC; it operates and is managed in the UK but it is based in the Channel Islands. If the new UK regulations do not apply, will it be caught under the 4th Money Laundering Directive in due course?
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