On March 22, the Bank for International Settlements (BIS) published a speech by Guy Debelle, Deputy Governor of the Reserve Bank of Australia, on finalizing and publishing the complete global code of conduct for the foreign exchange market (Global Code).
Continue Reading Complete FX Global Code of Conduct To Be Released
PSC Register––Draft Guidance on the Meaning of “Significant Influence or Control” for UK Companies and LLPs
By Neil Robson on
Posted in UK Developments
As discussed in the Corporate and Financial Weekly Digest edition of August 14, 2015, the new obligation for UK companies and limited liability partnerships (LLPs) to keep and maintain a register (Register) of people with significant control (PSC) over the company (PSC Register), as introduced by the Small Business, Enterprise and Employment Act 2015, includes an individual or entity that otherwise exercises (or has the right to exercise) “significant influence or control” over the company.
Continue Reading PSC Register––Draft Guidance on the Meaning of “Significant Influence or Control” for UK Companies and LLPs