People with Significant Control


People with Significant Control is a business and corporate term used to identify key people within a company. It was introduced on 6 April 2016 as part of the Small Business, Enterprise, and Employment Act 2015.
Under UK law it is a legal obligation to register the names, date of birth, home and work addresses, manner of control and other details of PSC with the government via Companies House.
Once the PSC's identity has been verified they will then be added to the public list available on government websites.
On 26 June 2017, the law was amended to now also include the reporting requirement for the alternative investment market as well as a requirement to maintain their own PSC register in addition to public records.

Qualifying as a PSC

In order to qualify as a PSC officially under UK law and government guidelines you need to meet the following criteria:
PSC may be a director, board member or registered as a PSC in their own right.