Update on upcoming changes to shareholder reporting requirements

We’ve recently updated our changes to UK company law website with important information about upcoming changes that will affect the filing requirements for companies:

Confirmation statement changes

Improving transparency of company ownership

What’s changing

Companies will be required to collect the full names of shareholders and provide a one-off full list of shareholders when they file their confirmation statement. This will be a positive step towards improving transparency of company ownership.

Timing and implementation

While we don’t yet have a confirmed date for when these changes will come into force, we can confirm they will not be implemented before companies have completed identity verification requirements. We’ll release the technical schema for this new requirement as soon as it’s available to give you adequate time to update your software.

Your feedback matters

Given our close working relationship, we’d really value your thoughts on this upcoming change. If you have any questions, concerns, or feedback, please don’t hesitate to get in touch. As always, your insights are invaluable to us.

SDN

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