Recent Schema Releases: Important Updates

At the recent forum we advised that the following changes would be updated on 2 July. We have had to re-schedule this update to 7 July.

(i) new baseType-v3-8 to remove elements not needed for Autumn 2025

<I_AM_THE_RO>
(ii) new PSCBaseTypes-v1-5 to support abolition of register requirements needed for Autumn 2025
renaming of element to
new enumeration value called <AWAITING_CONFIRMATION_FROM_PSC>
update to documentation labels for other PSC statements that affect PSC08 and PSC09 transactions (and LLP equivalents)
(iii) update to documentation information in for PSC ‘trading on a market’ statements
this will not require a version change and will continue to be valid

We also plan to update the documentation in the current live schema for confirmation statement ConfirmationStatement v1-3 on 6 August. This is to support changes to PSC exemption statement changes. This will not be a new version of the schema, so will not impact your current or future use of the schema.

With regards to use of the new and existing confirmation statement schemas. The schema ConfirmationAndVerificationStatement-v1-0 is a one use only schema for providing IDV requirements for directors and eligible PSCs during the transition period. It will need to be used for the first confirmation statement filed following the implementation of IDV.

ConfirmationStatement v1-3 will then be used for future confirmation statements filed for the same company, where IDV details are not being provided.

SDN