CS01 Schema Changes - June 2017

As a result of the changes required by the EU Fourth Money Laundering Directive from the summer, the CS01 will no longer be the vehicle for advising / changing / withdrawing PSC officer / statement data. It will only be possible to use the CS01 to update SIC codes, statement of capital, shareholders, the trading on a market declaration, DTR5 status and exemptions from the requirement to deliver PSC information.

Updates to PSC information will need to be made via event driven filings PSC01 to 09, or their LLP equivalents LLPSC01 to LLPSC09. This includes notifications, changes, cessations and additional matters. This also applies to Companies/LLPs that have yet to submit their first confirmation statement, who will need to submit the details of their PSC register via event driven updates.

However, as mentioned above the addition / removal of PSC exemptions will also still need to be notified via the confirmation statement.

We expect these changes to take place on or around 26th June 2017, but this date is subject to change. The details of the changes are also subject to change as the detail of the legislation is still being finalised.

A revised CS01 schema will be available as soon as possible.

Relevant schemas already exist for the event driven filing forms (available since 30th June 2016 for use by companies that elected to hold their registers at Companies House). These can be found on our schema page:

It is possible that a minor change will be required to the PSC08 schema however - i will clarify this in due course.